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Mike | Abundance 🌟
@abundance
Degen's success will not be determined by the amount of allowance we get but by how this allowance is used. Let's say the allowance is equally split between two groups: one group that is dedicated to the ecosystem's long-term success (and tips to quality contributors), and another group that only cares to quickly extract value from the ecosystem. If such a dynamic persists $degen will simply go to 0, because those fighting for Degen's success will be demoralized and will eventually dump the token. But what if we change this dynamic? What if we had tools to rate whether a tip contributes to ecosystem growth or harms it, which then affects how much allowance the user gets in the future? This way we create incentives for users to contribute to ecosystem growth, and disincentivize farming. Users then also have an incentive to build even better tools to improve tipping quality bc they're likely to get more tips in the process, thus creating a positive feedback loop for $degen's growth
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Caygeon.degen.eth 🎩🏰🍖
@caygeon
If you create more layers of administration of tipping, you’re losing more of the original ethos. I love degen, been here since day one. Own the degen DAO and haberdasher tokens. Donated 500,000 to the original DAO fund and even I am sick of of tipping, it’s already a chore because I have to arbitrate what those control deem suitable content for tipping. If I now have to do that process and judge tip quality, I’ll tap out.
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Blue Cockatoo
@bluecockatoo
Tipping fatigue is real. I used to spend hours every day for months even with my meager allowance trying to promote good art and that wasn’t really valued (as in helping my presence here grow or increasing my allowance so that I could tip others to promote more good art). Having to lock my funds was a big deal to me too: again not seeming to have anything to do with helping promote good content. After the first round unlocked, I was discouraged more by all the changing rules WHILE people had no option to exit during locks if they didn’t agree. It is its own special fatigue keeping up with the ever changing rules to not lose your allowance. I haven’t participated in a while because of all that. It’s too risky and difficult to be compliant with little reward to me or the network when focus is all on coin price and the popular getting richer. At least that’s my perspective now.
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Mike | Abundance 🌟
@abundance
You always had some rules for how allowance is distributed. That was the case from day one. Earlier it was based on your engagement, now it's based on how much degen you have locked. The question is do these rules benefit the community? Do they benefit the people who believe in the community or do they benefit farmers at the expense of the community? I don't believe people should be banned (except maybe in very extreme cases), but if allowance distribution has to be based on *something* it might as well be based on what benefits the growth of the ecosystem (and of the token) instead of harming it.
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