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https://warpcast.com/~/channel/degentokenbase
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Jacek.degen.eth 🎩 pfp
Jacek.degen.eth 🎩
@jacek
1/5 On Base, we’re the 3rd largest token by wallet holders, trailing only USDC and WETH. Our recent distribution round has placed Degen in the hands and minds of nearly everyone on Base, and our reach extends beyond. The question now is: how do we build value for Degen holders?
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Jacek.degen.eth 🎩 pfp
Jacek.degen.eth 🎩
@jacek
2/5 Should our goal be to find effective and legal ways to earn revenue and redistribute value to token holders, making Degen integral to amazing products, games, social dApps, and more?
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Jacek.degen.eth 🎩 pfp
Jacek.degen.eth 🎩
@jacek
3/5 Do we acquire valuable companies? Or should we incentivize and give grants to top builders in Web3 or even Web2? Perhaps building our own great product, like Blur, Uniswap, or Warpcaster, with massive potential is the way to go.
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Jacek.degen.eth 🎩 pfp
Jacek.degen.eth 🎩
@jacek
4/5 Is being a meme and focusing on community building where our true value lies? Is this what attracts long-term $DEGEN holders? Maybe a combination of all these elements is the answer.
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Jacek.degen.eth 🎩 pfp
Jacek.degen.eth 🎩
@jacek
5/5 Definitely food for thought. We’re open to community input on this matter. Let’s build something incredible together that will stand the test of time!
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@juli
Less is more! - Build sth cool - Lean into community - $degen needs to be a sound, well-distributed asset (low inflation) - Others can create around this asset (> apps, games incl staking where they capture small fees & redistribute) & use $degen for their initiatives Pls don't give grants to "good" teams in crypto.
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@juli
If you build a killer-app, you can capture small fees in $degen, redistribute to app users & burn a part. If Degen chain gets adoption, use revenues to a) incentivize builders who drive engagement > Near / Canto "Contract Secured Revenue: 20% of gas spent on app is given to devs as rebate in composable manner."
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@juli
There are some primitives & tools that enable other apps on Degen chain which don't usually get funded. You can help by redistributing revenues/small inflation. + I'd penetrate Farcaster, social, speculation, memes: Unique position to utilize Farcaster ID, social activity, degen meme degeneracy, speculation, trading
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