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Jason Goldberg Ⓜ️ 💜 pfp
Jason Goldberg Ⓜ️ 💜
@betashop.eth
working on pushing some substantial improvements to Based Rewards as early as Thursday — to make the system more fairly reward usage of base protocols we’ll let everyone know about once it’s live and look forward to your feedback
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Degury.degen.eth pfp
Degury.degen.eth
@ddongguri
We need to revisit the Moxie reward structure. I think replacing rewards with token burns to reduce selling pressure was a good move. However, now that supply has been issued to a certain extent, we need to find ways to retain existing token holders while also attracting new ones. At this point, there’s no real incentive for anyone to lock their tokens. If we look at other ecosystems, such as certain airdrop tokens or the AI agent token ecosystems, they continue to reward holders while building new ecosystems. However, in Moxie’s case, the Farcaster rewards model needs to be restructured. If the daily pool consists of 3.5 million tokens, I believe a new model is needed where rewards are distributed based on the percentage of a holder's locked tokens relative to the total amount of locked tokens. This would create a more balanced and sustainable system. @betashop.eth @ipeciura.eth
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