Mike
@yekim.eth
@garrett and I talked about this last week. He mentioned a few people have experimented with something. Spitballing and probably gaps in thinking: But I think something along the lines of claim 75% of your drop today or get 100% by claiming 50% and lock up other 50% for X amount of time. Something along the lines of above could be healthier so token isn’t down only. But also probably some flaws in thinking. Just think more design space here. But also hard because so many people have done it a certain way so more predictable/straight foward.
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basil (recession arc)
@itsbasil
distribution mechanism is important but without any incentive to hold, airdrops will always categorically be considered free money & thus will be farmed & immediately liquidated 9 out of 10 times (the tokens are intrinsically worthless) its easy to blame gary re regulation but there are plenty of other avenues that can be taken what you’re mentioning here is a similar approach to the lottery outside of the lockup & could offset some of the immediate sell pressure but more likely would just result in long tail downward pressure so the question becomes fall off a cliff now or bleed out slowly—which is better? i think that comes down to what kind of traders you want to attract; re chart patterning & number of holders, both of which i think play little into the decision of investors if they know how many holders are locked up i think the question to ask is not how to prevent sellers but how to backfill those with more buyers
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basil (recession arc)
@itsbasil
i believe this is done by rewarding your largest & longest holders, effectively creating a “rush to top” instead of a rush to exit before the next guy the easiest way to do this is through any kind of redistribution, whether that be fees otherwise, which are then immediately & automatically used to buy up more tokens in the open market via a auto-compounding mechanism ie. compounding holdings & naturally offsetting sell pressures this is effectively providing yield with an underlying goal of a owning more of the pie if you wanted to get real crazy you would apply a multiplier for holder length, which could be a stake with further vested rewards & as well as incentivizing users to turn on the auto-compounding mech
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Mike
@yekim.eth
“i think the question to ask is not how to prevent sellers but how to backfill those with more buyers” 🎯
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