(1/2)
I feel that the BASE rewards system could have taken a different direction.

If the score calculation were divided into 100%, it should have been allocated as follows:

70% for MOXIE holdings

20% for BASE activity

10% for referrals


I hold $25,000 worth of MOXIE, but my score is only 63.

I think the system should have encouraged users to purchase MOXIE to increase their scores and facilitated transactions so that those who sold MOXIE would have an incentive to buy it back.

Currently, everyone on Warpcast knows about MOXIE, which makes the inclusion of the referral system seem unnecessary.

(2/2)
Currently, everyone on Warpcast knows about MOXIE, which makes the inclusion of the referral system seem unnecessary.

If the scoring system had been primarily based on MOXIE holdings and the amount of MOXIE that could be earned daily was capped at 100 times the maximum daily score, there would have been no issues like gas fee inflation. This would have allowed everyone to acquire MOXIE in a fair and sustainable way.

However, under the current system, users who don’t hold much MOXIE but bring in a lot of referrals end up earning significant amounts of MOXIE. This has resulted in a supply that the demand can’t keep up with.

With so few benefits to purchasing MOXIE, what incentive is there for users to buy it? That’s the question I’m left with.