Degen

will airdropped $degen be locked in some way? 

how could the design prevent immediate sell offs that could kill all memecoin price momentum (needed for growth)?  cc @jacek

Building Larry, FOSS via @frames, @framesfun /open-frames to help decentralized social win. a16z CSX23. farcasterchannels.com farcaster.id

A big part of the token is going to the liquidity pool, and we'll lock LP tokens so there's no rug pull risk. We've got more airdrops planned and I'm working on adding value to the token. Beyond that, the market will set the token's value.

I design and create systems that function as art. |

1099DA.art |

https://opensea.io/collection/1099-da

What would people be selling into? There is no sale of the token, only earning it through the degen channel.

A large floating percentage is valuable.

It makes sense to have an sig part of supply for future intitiatives, incl specific incentives, partners, devs.

Locking airdrops is a bad design; much better to let the market decide whether this token is worth holding, buying or selling.

Staking only IF it adds real value.

$DEGEN DAO send it 😃 

I’ll lock it all

What's the best lock mechanism in $degen's case?

Some sort of vesting (get #degen every day or every week), incentivized staking (giving boost for Season 2) or something else?