Degen

1/ Let’s Talk About Expectations in the DEGEN Community

As we continue building DEGEN together, I think it’s important to address something fundamental: what we should expect from one another.

Right now, DEGEN is one of the only platforms where someone can earn hundreds of dollars with almost no authentic engagement—just by reposting low-effort or spammy content. Platforms like Google Ads or Twitter would never allow that kind of behavior to be monetized, and it raises an important question for us as a community: why should we?

my 2 DEGEN on this issue (and something that may be considered blasphemy)

I think it may be time to retire the pure in-feed tipping aspect of DEGEN

it worked as a fantastic bootstrapping mechanism when most people thought DEGEN was worthless

once it had value, it was corrupted because farmers realized they could exploit the system

and farmers are smart, there is no way to beat them

as long as the system is "anyone who stakes can give away money via a comment" it will be taken advantage of

so why not up the bar? 

hold contests related to DEGEN initiatives, allow anyone to submit to those contests, then let the DEGEN community tip only people who pass a certain bar of achievement within the contests 

we still get to tip DEGEN, it's just a smaller pool of potential recipients who have to prove themselves as worthy by accomplishing tasks before they're eligible to receive the tips

intersubjective mechanism design @ poidh.xyz - come chill /poidh + follow @poidhbot

I think we’re going to have to push thru the growing pains of dealing with Bots and Spammers. incorporating some of these ideas would help. 2 $degen