$DEGEN

Thanks @jacek but it is not the trust in you we have problems with. All degens trust in you and the team. The problems are various actors that tend to skew the rules in their favour and in this way penalise small degen accounts that cannot rise or get their fair share. Thanks for all the efort you put to the project. I Really appreciate it. I would never dreamed of having any kind of influence, even small, on any social platform.

We’re super happy to hear opinions like these! The part at the end really makes Degen worthwhile. This season, we hope players of all sizes get a fair shot at tipping and that we spread the love not just to the big accounts but to every corner of Farcaster, creating a rich mix of content!

With allowances capped, we need a smart way for large wallets to sponsor small wallets. Mayhaps time for you to consider letting wallets above certain sizes delegate their unutilized allowances (ie, whatever they'd get beyond the cap limit). Whitelist the function to the largest wallets with the longest hold times (Feb forward) maybe.

The Degentlemen 🎩

We did talk briefly about a "vouching" mechanism, where you could stake funds toward another account, but ultimately decided it was too complicated for v1.

Maybe time to bring it back?

Degen

Degen Allowance Recommendation to Not Let Whales Tip the Scales

Please modify the algorithm to calculate the threshold for 10K at any given time and then not count anything above that for any individual staker.

🎩🔥🖤

That’s a great idea! In the meantime, wouldn’t it be simpler to just:

Metanations
🃏 Co-founder quip.network,
🎩 Co-founder degen.tips,
🍊 YC S21 orangedao.xyz,
🌐🔗🌎 #027 kong.land,
prev 🌱 acorns.com

That’s a great idea! In the meantime, wouldn’t it be simpler to just:
https://warpcast.com/tormential/0xdbe5e0f3

Dom. Dark artist. 🖤 /alfafrens analyst 🖤 Creating emotionally evocative dark art as a means of self-discovery. 🖤 /zeroone-fam host 🖤#AIartist

Ideally we don't want to discourage large stakes, so we need to figure out something that protects the little guys while giving the whales a reason to go big. 

We're working on solutions that will give the community more power to determine the distribution of tip allowances!