$DEGEN

Interesting idea from @robrecht. What do you all think? Drop your feedback in the comments. 👇

I see a bunch of concerns about season 6. Note that the locking mechanism is independent from the allowance mechanism. The locking contract doesn't implement any allowance logic i.e. the allowance rules can change just like they always could, so share your thoughts 👇

I see less and less reason to think it would be worth it for me to stake any of the 120k degen max that I could have available to play with, unless maybe 10k just to be able to participate in tipping at all this time around

Between how willy nilly the whole system changes to things like the amounts of huge selling that could be coming up, the risk-reward doesn't seem aligned to be able to give away 10 bucks a day or whatever allowance I might be able to get

Husband, dad, dev • @dune.eth wizard • Ultimate Ⓜ️oxie Dashboard https://tinyurl.com/moxiedash • Ultimate Degen Tips FAQ https://tinyurl.com/degenfaq

I see less and less reason to think it would be worth it for me to stake any of the 120k degen max that I could have available to play with, unless maybe 10k just to be able to participate in tipping at all this time around

Between how willy nilly the whole system changes to things like the amounts of huge selling that could be coming up, the risk-reward doesn't seem aligned to be able to give away 10 bucks a day or whatever allowance I might be able to get

https://x.com/mattaaron/status/1811061979227795891?t=Hws_hQ0k6Q3z4L2hTvPNSQ&s=19

And we forgot the focus on why we should tip. 

And we keep forgetting it can’t last forever. 

So we have to build a culture for tipping. For paybots. For floaties and airdrops and whatever other cool solutions exist and will be built. 
Even when we don’t have allowance. For building communities and building value. 

Just saying

Street Artist and early hodler

                         & Creator of $FREN and $FRENLY 🤝 & $TRDR

Yes. I love being able to support artists with tips, but everything has a rational limit.

I'm a bit more cynical about the sybyls that ran amok on AlfaFrens, if only because (1) I guess I understand that you have to pay for things to get things, (2) I think most of them were simply there for maximum short term extractive potential, and (3) I'm amazed to still have 40+ subscribers to my art-focused channel on AlfaFrens, which is more than I ever expected to have before I started (but it's far down from the 450+ at the peak of sybyls running amok)

Nothing is free on a long-term horizon, but these extractive players have become quite good at what they do for short-term gains, leaving people with at least slightly stronger moral compunction holding the bags

Like when people reslized they had to pay to follow on alfafrens.. 

That magic internet money doesn’t really exist.. that there has to be a value creation of some kind. At least emotional value like a poap (?) or trading fees, liquidity fees etc. But there has to be a demand.