Casual Casting 💬

Degen

$DEGEN Update: Starting tomorrow, only those with 10,000+ $DEGEN in Farcaster-connected wallets will receive tip allowances. You can still receive $DEGEN with a zero balance. Shoutout to our HODLers through the Degen winter - your loyalty hasn't gone unnoticed. We're committed to building $DEGEN for the long haul!

I might have missed something, but I'm not sure what the point of this is apart from a way to pump their bags a little..

Because it will reduce the amount of extra supply created per day significantly

Right now every single account can print a certain amount of new $DEGEN per day

With that measure, this amount will greatly reduce, creating less downward pressure on the price when the effective airdrops come

In crypto since 2016 | Nature Photograpy | Experimental art using creative coding | Don't take my casts to serious

Thanks for the explanation man, that makes a lot of sense
500 $DEGEN