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Frogzu🎩🍖 đźŽ
@gon
đźź© DEGEN INFLATION RATE AND LOCKING MECHANISM IMPACT Let's analyze this Circulating supply is 12500M $DEGEN Max Monthly DEGEN Emissions NOW ARE 150M (5M x 30 days) But real is less than 3M -> https://dune.com/queries/3692983 That is less than 1% monthly inflation And around 10% per YEAR ------------- Now imagine Impact in locking mechanism 103M DEGEN locked now That is only 0,8% But ÂżWhat happen if 10% or 20% of total DEGEN is locked? Flyingwheel Effect If more people wants maximum allocation -> more demand -> more DEGEN Needed to have 0,22% of total DEGEN Staked Interesting Can we return to DEGEN 0,05$ ? Can we reach DEGEN 1$ ?
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baubergo
@baubergo-
The other side: People won’t stake because there's no point in staking 100k to get a 200 daily allowance or even less in the future. Locking a huge amount of stack for 3 months, being exposed to the market, without any assurance you will get something back, and we are not even talking about how this will badly affect the quality of the casts here. This will only concentrate degen into the hands of a few, leading to centralization, which we know is never a good thing. Most importantly, it seems the contract hasn’t been audited by an external company! This will become a massive honeypot without external auditing. How the hell people are not talking about this.
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Gambino
@greatgambino.eth
Lol I locked 90k and already regretting it. Should have just done 10k and waited to see how large the pool got.
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