Degen

Daily Discussion Thread - /degen - October 6, 2024

Just /keepushing • believer of /butterflyeffect         3D artist • Year 4 of everydays                 https://linktr.ee/Push.gfx

pics or it didn't happen

What if we hosted a contest on /poidh? @kenny 👀

Upvote this if you want me to make the /degen banner

We want degen on Binance boss 🎩🤍💎 @jacek

Impact

Every coin and token in crypto has a private and a public sphere to it. The private sphere is what you do with your coins once they’re in your bag; you can do basically whatever you wish with them (not legal advice).

The public sphere is what the network does with the coins before they land in users’ wallets. Networks need to maintain the infrastructure that would allow the private sphere to thrive.

In Bitcoin or Ethereum, for example, the public sphere allocates coins for network security. Once the coins land in the wallets of miners or stakes they can do whatever they want with them.

In the Tipping Economy we have a new kind of distributed public sphere; each user gets to decide what to do with their daily allowance. For the Tipping Economy to thrive the network needs to create the incentives (and tools) that would motivate users to tip those things that benefit the network (and disincentivize farming and self-dealing). The better incentives the network creates the more valuable its currency will be.

Wrote a longcast on $degen & other tipping coins - a way to think about how the coin gains value:

Wrote a longcast on $degen & other tipping coins - a way to think about how the coin gains value:
https://warpcast.com/abundance/0xd1a0feed

Quick question. 

When the locked degen is available to be claimed, would it be automatically returned back to the wallet?

More importantly, If I don’t claim the locked degen, would it remain locked without extending the lock time on it?

Anyone thinks this work 
Daily discussion 
Usually i leave a question and I don't get any replies.

Maybe I'll reply to everyone today, for a change 🎩

Hey @jacek Why hasn't the request to join the channel been sent to me?

I wonder if more degen ‘sinks’ are being built into the farcast ecosystem. I think can spend some now on storage and to use Fc but wonder about other gamified outlets

When will the blocks be removed, and when will I be given access to the channel as a member?

How’s everyone feeling about Degen currently?

(I feel pretty good.  It’s cool to see this train keep going strong for so long, and it’s cool that @jacek and degentleman land is standing tall and sticking to degen focus for the long haul). Keep it going.