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We've heard the community and recognize the current tip allowances aren't ideal. We're developing a new incentive mechanism to reward long-term members and reduce farming. We'll iterate quickly to improve the next season, making token farming increasingly difficult. @cadillion and I are cooking.

To clarify, future systems will require you to show commitment to the Degen project by locking or staking. We aim to reward long-term HODLers of Degen. The incentive mechanism we're designing is currently in development.

It‘s good to align allocators with stakeholders. I also think openrank adds value.

Maybe we can couple both systems and use time of lock/staking/LPing as a boost for allocations?

I don’t want a complex system, required long locks to receive inflationary rewards - as I consider this wealth redistribution games.

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husband & father, Ethereum enthusiastic, @CyborgDao, @bottodao, DeFiLover, @ensdomains lover, waiting for web3 explosion.
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I thought about this & Balancer's pools & adopted mechanism from Curve & Frax with 80/20 veBal - though I'm not a fan of the long locks and there isn't much revenues that would justify this system.

> LPers are mostly pro-farmers, hence wouldn't want to overemphasize this, rather have the project own some liquidity.

I like this! Could it incentive more LP positions, with a bigger distribution of LM rewards