Degen

1️⃣ The Lockup Vault – A Bad Deal for DEGEN?

The vault was designed to require users to hold DEGEN in order to receive daily tipping allowances. The idea was that this would reduce sell pressure and incentivize long-term commitment.

But the numbers tell a different story:
	•	Right now, a 1.9M DEGEN deposit gives you a 10K DEGEN daily tip allowance
	•	If fully farmed over a year, this results in an APR of 184% 😳
	•	That’s a massive ROI for a short lockup, creating huge inflation in the ecosystem

This raises a key question: Are we getting enough back for giving out these rewards? Right now, it looks like the system is disproportionately benefiting farmers rather than long-term ecosystem participants.

It's a sad reality we live in where the low profile accounts pay for what the high profile accounts do, I earn a maximum of 4000plus degen a month, barely a small fraction and it was all taken away from me.
I hope this will be resolved as soon as possible.

I love making new creatives as friends, and I love creating content.

246 $degen
Hopefully it gets resolved soon

🚫 246 tipped ∙ -4 remaining

246 / 242 (102%)
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Accountant|Web 3 Enthusiast| Web Developer