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Jacek.degen.eth 🎩
@jacek
A savvy degen farmer could short DEGEN 1:1 on Coinbase or Binance after locking it in the vault, creating a delta-neutral position immune to price swings. They’d farm hard, and if banned, they wouldn’t lose money. I suspect this is already happening. Without slashing, the vault is ineffective against farming.
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J. Valeska 🦊🎩🫂
@jvaleska.eth
can we put the degen in the vault to work for the community? use it for passive income, earn some safe yield or something? and/or give some utility to the locked degen token.. ?! not sure if centralized slashing will solve nothing.. pump it and liquidate their shorts will do it.. if the prices came down again before they unlock
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