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J Finn đŸŽ© pfp
J Finn đŸŽ©
@jdotfinn
it’s a good question. my assumption is we will get some updates on ‘the plan’ at the end of this Season, which will help make this decision easier. thoughts on what to do with $LDEGEN? roll forward, add more, withdraw most
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Jacek.degen.eth đŸŽ© pfp
Jacek.degen.eth đŸŽ©
@jacek
What sort of updates would you like to hear?
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J Finn đŸŽ© pfp
J Finn đŸŽ©
@jdotfinn
well I relistened to the recording from a month ago, with the general themes: - too many using $Degen as a ‘paycheque’ > ban farmers - CAC (new wallets) exorbitantly high > propose new marketing initiatives - APR of 182% on Vaulted $Ldegen too high > cut daily emissions to 1 Million now, it’s clear there is not much incentive to Vault from a risk/reward perspective (that’s how this convo started). not really a problem per se with the new direction, but it would be useful to see if the new changes are intended to be “permanent” to give clarity on the decision-making process around relocking vs. withdrawing.
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