HIGHER

5K higher burnt so far

this will accelerate fast in 2025

I'm actually not yet sure if burning is a good idea. Could be, just not sure and am open to it.

1) Suboptimal from a vibes/ethos standpoint

2) Signals somewhat of a desperation i.e., needing the price to go up AND it not going up

3) Less to distribute and grow the network

I'm actually not yet sure if burning is a good idea. Could be, just not sure and am open to it.

1) Suboptimal from a vibes/ethos standpoint

2) Signals somewhat of a desperation i.e., needing the price to go up AND it not going up

3) Less to distribute and grow the network

https://warpcast.com/ripe/0x3f238ac4

Fun havoooooooor | Co-creator of the universe | FuckANiche.com | prev @forefront

It  kind of betrays the focus/priorities of the network and the conviction it has in the token vis a vis creating real attention-value as a network

Kinda short-term thinking coded

Aether had the same thoughts. Ideally would be sent to LP and burn the LP token imo

yeah no pushback from me on permissionless burning

just not fully comfortable with:

- making it an official mechanism  somehow (in case someone in the core is thinking of going in that direction)

- all of us cheering it to a point that it becomes a prominent narrative for higher... bad optics/vibes imo :)

People can burn higher without permission.

Enjoyr launched without permission.

Zora tags launched without permission.

We might as well just embrace it and continue to fafo.

i'm generally in favor of experimenting with tokens

don't think that changes the vibes

if it becomes the main signal of the community, sure, but by itself i don't think it changes much

Not against a burn entirely but would agree there are for sure better ways to put $higher to work. Hopefully these get built out in the coming months. 

Devs are for sure not desperate… I have another word but I’ll save the fud lol

director of product @seedclub. i host S-TIER @ X Spaces & i interview crypto builders @ web3galaxybrain.com.

i mean yea, i get that all else equal you necessarily increase the value of tokens if you deflate (burn) the supply. the math maths. just wondering about everything else i mentioned.

> "fair distribution to every remaining holder"

what do u mean here? increase the value of tokens of current holders?

by increasing distribution, what i meant was being able to give higher to more people and bring them into the network with skin in the game etc. not a new idea, jacob was a big proponent of increasing supply for this reason (tho context was NFTs i think).

i disagree on this one. burning is the easiest way to do a fair distribution to every remaining holder. 

its also sorta like that one james bond where the bad guy plans to irradiate fort knox to increase the value of the rest of the gold supply. but, you know, safe and without collateral damage.