kenny ๐ฉ
@kenny
my 2 DEGEN on this issue (and something that may be considered blasphemy) I think it may be time to retire the pure in-feed tipping aspect of DEGEN it worked as a fantastic bootstrapping mechanism when most people thought DEGEN was worthless once it had value, it was corrupted because farmers realized they could exploit the system and farmers are smart, there is no way to beat them as long as the system is "anyone who stakes can give away money via a comment" it will be taken advantage of so why not up the bar? hold contests related to DEGEN initiatives, allow anyone to submit to those contests, then let the DEGEN community tip only people who pass a certain bar of achievement within the contests we still get to tip DEGEN, it's just a smaller pool of potential recipients who have to prove themselves as worthy by accomplishing tasks before they're eligible to receive the tips
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@toyboy.eth
Will not scale, everyone should be rewarded not a particular amount of people, if your idea works out people will then need to put in work to get tipped, now you can just be yourself and it comes along.
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kenny ๐ฉ
@kenny
the current system isn't scaling either, it's being ravaged by scammers it's nice to think "you can just be yourself and be rewarded" but the flip side is that absolutely worthless farmers can "be themselves" and get paid too the distribution mechanism was fine when farcaster was a high trust society now it's not, so we need a different system
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jdonmoyer.base.eth ๐๐ข
@jdonmoyer
So let's make the distribution only go to high trust wallets... All projects need to start taking advantage of the Legos that have already been built to solve these same problems and iteratively improve them when they fall down for the specific project's use... Gitcoin passport might be a good starting point
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@toyboy.eth
Maybe we do, but even right now degen doesnโt go to people who are just themselves anymore,most people are lazy to tip so just use microsub, people rarely tip degen in-feed. Before it was free for all so people didnโt need to farm it, now that skin in the game become needed I.e the more you lock the more allo you get people may feel they need to yield their investment.
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