Degen

I’ve worked 10-12 hours a day, 6-7 days a week on DEGEN for the past year—even through my honeymoon and holidays. I’m not asking for thanks, but if you’re taking your hat off now, it probably was never truly on. The real degens are here for the long haul.

on new degen tips

the coolest moments in crypto always happened when a group of friends discovered a way to print money from thin air

bitcoin -> icos -> defi yield farming -> nfts -> memecoins + long tail of mechanisms like degen tipping

printing on degen tips was how most of us got hooked on farcaster

but degen tipping was never economically rational, always very exploitable and always very exploitable

the magic of it is that there is literally no right number or the right solution to make things grow — it's all organic, chaotic, irrational

this is why:
- if i was running degen i would optimize for as many tips, as valuable as possible, while being aware that some % of that may be farmed

- i trust @jacek witch his decisions and vision — he has always been a fantastic steward of the community. most crypto founders crash out after just 10% of shit jacek had to eat this year. and people like jacek make the irrational magic moments happen

yeah that's how i feel as well. i trust jacek, degen has given a lot to farcaster 

people assume that because they opted in to participate, it means they get to steer the project in their direction 

degen was never designed to pay people's bills lol