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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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anon
@superanon
But you pardoned a farmer didn’t you ?
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downshift
@downshift.eth
@mcdegen is totally allowed. however, i wonder if that should be re-considered: my opinion is it's just another way to farm that @jacek approved of to try to get more people using the L3. not judging anyone who's used it, just stating my opinion: how does @mcdegen help the token or community as a whole?
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Fookinnowan 🎩🔵
@fookinnowan
Agree with this. If we really intend to keep mcdegen, probably need to cap it to a very/super low percentage of daily allowance is usable to tip mcdegen.
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