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Alemac
@alemac
DEGEN tipping has changed since allowances were cut down by 5, of course. This is like any investment, since there is a funds locked; I do my calculations, I see the APR (in this case my daily allowance allocation). If I'm interested, I lock my funds and support friends and good content. But: •If my allowance is reduced due to a sudden reduction in daily emissions, the rules have changed in the middle of locking period. •If my allowance is reduced due to an increase in the vault, that's great for me and part of the game. If in any investment, the profitability changes during the locking period, it is not a good sign. Here it’s similar for me: Maybe it's not worth to me to have a large amount of funds locked for the small daily allocation to support content. That's all. Would you lock 500k USDC to reward 1000 USDC per day to someone? But if that amount is reduced to 1 USDC (drastic) while your funds are locked? Thinking out loud.
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Purpleman.base.eth 🎩
@jenson
You make a valid point and the lack of yield on the vault is something that I know puts a lot of people off investing in the project. In the current defi space if you shop around then even on a stable like USDC you can get 13% APR so it’s difficult to justify taking the lost revenue and additional risk on the original capital in order to participate in degen tipping.
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Alemac
@alemac
Of course it is a relationship in quotation marks, since in any investment you receive the APR and here you reward others; but changes are changes.
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