Jacek.degen.eth 🎩 on Warpcast

Content pfp

0 reply

0 recast

0 reaction

Jacek.degen.eth 🎩 pfp

Jacek.degen.eth 🎩

For those curious, the daily tip allowance pool is 4.5M $DEGEN + 500k for @openrank boosts. Boosts follow a diminishing exponential curve, with today’s highest at 272 points. These boosts are for the top 5000 users on OpenRank, refreshed daily. https://dune.com/queries/3906066/6565183

19 replies

8 recasts

80 reactions

mvr 🐹 pfp

Is it intented that only 3,757,867 of the 4.5M was allocated Today?

1 reply

0 recast

2 reactions

J. Valeska 🦊🎩🫂 pfp

J. Valeska 🦊🎩🫂

yeah, @jacek I am curious about it too, when someone gets more allowance than the maximum, the allowance gets decreased to 10K becoming this extra allowance unreachable for other stakers ?

1 reply

0 recast

1 reaction

Jacek.degen.eth 🎩 pfp

Jacek.degen.eth 🎩

Yes, you’ll always get your share of the pool. If someone stakes a few million, they do lock up that part of the pool, even though they can only get a max of 10k $DEGEN daily allowance. That’s just how the game works for now. We might tweak it down the road, but we want to keep it simple for now.

7 replies

0 recast

3 reactions

Breech 🎩🍖Ⓜ️ pfp

Breech 🎩🍖Ⓜ️

This seems like a mistake when all it takes is a few bad actors to screw the pool for everyone.

0 reply

0 recast

4 reactions

Marcelo Terça-Nada 💎🎩✨ pfp

Marcelo Terça-Nada 💎🎩✨

So far, from all indications, it looks like the new season will be a rich get richer game 😔

1 reply

0 recast

3 reactions

Tim pfp

That’s probably the largest complaint with the new system. Would be good to see it change sooner than later if possible IMO

0 reply

0 recast

2 reactions

Angelus pfp

Better to "fix it" soon to encourage more participation!

0 reply

0 recast

0 reaction

mvr 🐹 pfp

Allright, thank you for the clarification! Would be great if it could be redistributed somehow. e.g. add it to the social boost for the next day. But I get that you won't start with that and as long as big whales are not disrupting the distribution to lower stakes it isn't really required.

0 reply

0 recast

0 reaction

Joelle LB pfp

Damn I wish I knew that before locking. So you can technically end up with 50 whales who leave everyone else with like 5 $degen? I did not see this mentioned at all on the website.

0 reply

0 recast

4 reactions

J. Valeska 🦊🎩🫂 pfp

J. Valeska 🦊🎩🫂

Got it, I think this useless amount is going to be changing over time, depending on the amounts and percentages but could help to increase the total amount staked, is there a maximum of stakers getting max allo? or is it based on total allowance? meaning is the max: 450 stakers * 10K

1 reply

0 recast

0 reaction