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Jacek.degen.eth 🎩
@jacek
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.
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Diwitty.base.eth
@diwitty
I think, this is kinda basic but I've got two things in mind. How about we diversify things that promote the growth of the ecosystem whilst reducing the emmision rate... We'll just decide the amount of DEGEN that's worth releasing per month and also increase the minimum lock amount.the tip should be passive income not active income. When that is done we'll promote Degen L3 builders and get more of the incentives to people actually interacting with the L3
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