ccarella
@ccarella.eth
I guess ANON has utility token vibes now that it's required for true anonymous casting. Would be cool if there was a burn mechanism, would also be a spam mechanism.
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Chase Sommer
@chasesommer.eth
What would a burn mechanism do? still learning
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ccarella
@ccarella.eth
for the user its essentially pay to cast anonymously. For the protocol it would take those tokens and "burn" them, aka permanently take them out of circulation. You would do this from the tokens perspective to increase the value of the tokens by removing the supply.
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Chase Sommer
@chasesommer.eth
I guess that makes sense if you have a big bag of $ANON already, but might be awkward for onboarding new people, right? Idk I've never launched a product before :P
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ccarella
@ccarella.eth
you currently need 20K ANON to use the product, so kind of the same either way.
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Chase Sommer
@chasesommer.eth
hmm Might be worth slashing that eventually. Like what if 20k anon goes to $1,000? Would be a wild barrier to entry to 99.9% of people. Unless the goal is to cater to people with big bags and strong opinions
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