HIGHER

some thoughts on building a network of higher-aligned tokens

Building global interoperable roles @ hatsprotocol.xyz | DAOs are the endgame of crypto

strongly disagree (respectfully ofc)

this is overcomplicating things way too far with little to no longterm reward

you essentially would be incentivizing/conditioning members to dump on others. and simultaneously would be detaching the network mechanism we are trying so hard to foster (ie. get skin in the game, contribute over a long time horizon, bring in more of the same, keep winning together) 

look at what happened w $aether or $lum. essentially vampire attacks on returning value back to the main vertical 

on a longer time frame those can return some mindshare/value, but making a bunch of random memecoins about casual insider memes feels incredibly wasteful 

imo

I love it, think it's a good experimentation direction. curious how you relate to @lght.eth's concerns here:

I love it, think it's a good experimentation direction. curious how you relate to @lght.eth's concerns here: https://warpcast.com/lght.eth/0x9e81dbd5

think directionally you were in the ballpark but think my criticism doesn’t map the same on martin’s idea if i understand it correctly 

yours would’ve been airdropping to holders & his seems to be about making higher token a reserve currency for alignment

I don't think the goal of this would be to create Higher-related memes or sub brands (people could do that, but they can already do that and they choose not to)

Instead it would be to allow Higher-aligned / sibling brands to leverage Higher to grow

bottom paragraph affirmed 

https://warpcast.com/martin/0xb0772fa4

glad we are talking about mechanism design 🟩

yeah, as a mechanism X/HIGHER pools with the collective taking LP fees probably makes more sense than HIGHER holder receive X token as an airdrop