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Jacek.degen.eth 🎩
@jacek
1️⃣ The Lockup Vault – A Bad Deal for DEGEN? The vault was designed to require users to hold DEGEN in order to receive daily tipping allowances. The idea was that this would reduce sell pressure and incentivize long-term commitment. But the numbers tell a different story: • Right now, a 1.9M DEGEN deposit gives you a 10K DEGEN daily tip allowance • If fully farmed over a year, this results in an APR of 184% 😳 • That’s a massive ROI for a short lockup, creating huge inflation in the ecosystem This raises a key question: Are we getting enough back for giving out these rewards? Right now, it looks like the system is disproportionately benefiting farmers rather than long-term ecosystem participants.
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Azippy.base.eth 🎩 🎭
@azippy
Why not make tipping multi social? Enable tipping on twitter, tribe and lens. Enable staking on Solana, base and degenchain. Enable claiming on Solana and degenchain. This will definitely increase holders, increase use case and also more adoptions
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Azippy.base.eth 🎩 🎭
@azippy
@jacek another way I think you are getting it wrong is by giving priority to openrank, you created loophole for farming. Many openrank holder created multiple acct and interract with those acct to get openrank points, at the end of the day, they will stake a little degen and get more openrank allowance and claim more than than real users that bought and stake. Stop using Farcaster guidelines, build your own rules and give priority to people that buy the token and stake, not people that can easily use openrank to farm different wallets. You might say the amount allocated to openrank is just a little percentage, but a drop usually make a river, remove it and see who will still around, remove it and see your loyal community. Build a framework for your community.
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Queen Doyin 🔄🎩 🎭👾
@jayprime
Thanks for these suggestions you really nail it 50 $degen
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Azippy.base.eth 🎩 🎭
@azippy
Thanks. I appreciate
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