Degen

Totally agree with @downshift.eth here. 

Everyone and their cousins farmed, in one way or the other, by someone's definition, but that's what took $Degen to its ATH (10x higher than today's price). 

However, turning a blind eye to top users and whales who sell their LP rewards on claim day, tanking the price, while actively banning and banishing other users, is not the way to go.

I have an ideea for that, though.

1/2

Just a thought: 💡

 Offer degen allowances based on factors that are correlated to adding value to Farcaster: Open rank, builder credit, reactions received and more while also imposing a minimum holdings ammount - to create buying pressure and demand.

Simultaneously, offer the posibility to lock the current season's points for another 3 months to prevent claim-day selloffs and while adding a bonus to your allowance (perhaps in the form of a % increase).

This will help in two ways:
• Firstly, everyone could benefit from this (but in various ammounts), and those who put their time into building and helping Farcaster grow will be rewarded more.
• Secondly, this will bring back the DAU of last year's spring while encouraging users to provide value and create great content for Farcaster while spreading the word about $DEGEN.

I am happy to elaborate on this further.

C.C @jacek

seen a cast about tracking wallets and see what they do with claimed tokens aka airdrops. $WCT used this to measure the score in their airdrop. 

example:
- if you sell immediately, daily allowance -30%
- if you withdraw from your claimed address - 20%
- if you hold (same address) 0% (no change)
- if you lock +0-5

i'm not sure if i agree on the part with openrank and reactions received as that is highly correlated with engagement and thus more spam (my opinion). 

but yes, we need a system where holders get rewarded and instant sellers have disadvantages

Driving growth with passion | /wevibe  | building @degenbott

i'm not sure if i agree on the part with openrank and reactions received as that is highly correlated with engagement and thus more spam (my opinion). 

but yes, we need a system where holders get rewarded and instant sellers have disadvantages

https://warpcast.com/kaderabek.eth/0x7dfff821

Launch & own Creator Coins. 

🔜 Creator Agents for creators to analyze, create, trade, and grow!
moxie.xyz

Wake me up wen 1 DEGEN = $1 🎩

NFA. DYOR.

Well, yes. the old system needs to be improved, and there are many ways to do that, and @moxie.eth 's team has studied and implemented some of them.