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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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Coop
@coopahtroopa.eth
Combo of all the above. DEGEN will win because it is the most wallets and the most broadly distributed token on Base. Price now is in a great spot to be getting new people in. Just need a good reason to keep them there (staking on Degen Chain) and we're off to the races. 1000 $DEGEN
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Jacek.degen.eth 🎩 pfp
Jacek.degen.eth 🎩
@jacek
Staking rewards are great if they come from a sustainable income stream, not a dwindling treasury. Do they come from a yield mechanism like Blast, locking up tokens on Compound, or from sharing profits from sequencer and bridging fees?
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kompreni 🅱️ ⚡ pfp
kompreni 🅱️ ⚡
@kompreni
Your moat is your holder base. Staking incentives can come from third parties. There are different types of incentives and they don't need to be baked into the DAO so-to-speak. For instance (and full disclosure): I'm a third party with a protocol with staking incentives for $DEGEN for new token launches.
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