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Jacek.degen.eth 🎩 pfp
Jacek.degen.eth 🎩
@jacek
Since some over-stake Degen, part of the tip allowance pool becomes unavailable to everyone. Any ideas on a fair way to distribute those locked tip allowances to both over-stakers and other users? Someone staking a few million Degen should get some perks. We’d love to hear your thoughts!
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wake pfp
wake
@wake.eth
Per @reneecampbell, maybe it's as simple as just sharing the whale overstake among the bottom most stakes (ie, 10k stakes) evenly. No one would get much and nothing would be wasted by whale aggression. Lift the bottom, headwind for the top.
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Trebor🎩🟡 pfp
Trebor🎩🟡
@trebor69
Give more based on Openrank
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Felirami 🎩🍖 pfp
Felirami 🎩🍖
@felirami.eth
Maybe this won’t fix the issue but I would love to see a delegation feature, where people with high or low DEGEN allowances that don’t want to give them out (for time sake or whatever) can give their allowances to someone they trust will give them as expected and to help grow the community
2 replies
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Mark Carey 🎩🫂 pfp
Mark Carey 🎩🫂
@markcarey
Rather than reward the whales, allocate the excess based on OpenRank, giving more allocation to those contributing valuable content.
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Majid pfp
Majid
@0xmajidx0
ser why do you ignore Open Rank clearly?! Is there a compelling reason for this? You could have allocated a higher percentage to it and not increase the suspicion of decisive support for whales!
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𝚣𝚘𝚣 🎩 pfp
𝚣𝚘𝚣 🎩
@zoz.eth
Let's consider the desired outcome and the behavior we aim to shape: We want to attract the attention of degens and reward honest, thoughtful tippers who have skin in the game. We should distribute rewards to those in the pool who are growing their social capital by increasing their open rank score over the previous week, weighted by the highest score delta. Our goal is to uplift aligned individuals and amplify the reach and attention on degen.
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Push 🎩🤌🏻 pfp
Push 🎩🤌🏻
@push-
Let’s make that openrank 90/10 ratio a 60/40 maybe? Idk how much we talking here, but I still don’t get why openrank is so marginal rn🥲 There must be a reason.
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Mateusz🎩 pfp
Mateusz🎩
@matt90
You were supposed to rest 🤣😅
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Ramsey 🎩🤝 pfp
Ramsey 🎩🤝
@ramsey
No offense @jacek, but this is getting out of hand. What kind of perks? It was stated that 10k is the max allo. Either make a regular staking thing with actual yield, or leave it as it is (allocation is the "yield"). Anything else just chases away everyone but whales. Or have the option to descrease the lock time or the lock amount.
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agusti 🐘 pfp
agusti 🐘
@bleu.eth
what if instead of limiting it to 10k. anything you over-stake goes 50% to a new pool for over-stakers to get boost, 50% to the rest of stakers get a boost (to try and battle for the number go down forever problem)
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dd8🎩🎭 pfp
dd8🎩🎭
@dd8
How about limiting the 'pool_percentage' so that it does not exceed when it's 10K allo? Limit to not exceed 'pool_percentage' 0.22 in the case of photo.
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Marcel🔵 pfp
Marcel🔵
@4cademy.eth
Good thing to ask the community about what to do about the over-staking.👍 Here is some additional info for ppl: 1) Currently ~400k $DEGEN are "lost" daily. 2) This is 100k less than 24h ago and 200k less than 36h ago. 3) "Lost" only means that this amount will remain available for future airdrops. Sorry for any confusion. My personal take: This problem will most likely solve itself by a growing pool size because more ppl naturally drop below the 10k mark.
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Arrotu pfp
Arrotu
@arrotu
So if someone if overstaying and affecting detrimentally the rest of the user, he/her should be rewarded?
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MattwithouttheT 🎩 pfp
MattwithouttheT 🎩
@mathew
Take that amount (and maybe any unused tips) and provide it as yield to stakers. Provide decreasing yield over increased staking levels. Everyone that stakes gets something, but over-stake and the yield drops off substantially. This could incentivize more users to stake, while disincentivizing users from over-staking.
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stellabelle🎩 pfp
stellabelle🎩
@stellabelle
Distrubute the extra equally to everyone. Simple.
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Marcelo Terça-Nada 💎🎩✨ pfp
Marcelo Terça-Nada 💎🎩✨
@marcelonada
Redistribute the excess to the other users. If you announced that the Season 6 will allocate 4.5M per day, please, really do that 😉
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Lauren McDonagh-Pereira pfp
Lauren McDonagh-Pereira
@lampphotography
I don't know how to math the math... but what about 1k allo per 10k staked.... with a 5k bonus on top for anyone who staked more than 100k?
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Aunt HoⓂ️ie pfp
Aunt HoⓂ️ie
@infinitehomie
An aside, why did people think to overtake, just for the sake of it? People are weird. Bit I agree with @wake.eth / @reneecampbell Would be sensible to spread the wealth around the bottom stakes
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Dyl 🎩🎰🎶 pfp
Dyl 🎩🎰🎶
@dylmusic
i think the extra should go to openrank
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