Degen

$DEGEN

I understand the value of curating interesting people, but relying solely on Farcaster reputation isn't ideal. Linking allowances to staking ensures that those who have a vested interest in the project's success are receiving the incentives. This approach promotes commitment and long-term growth.

I try to stay away from projects that require locking for long periods of time. 

I feel like we should be trying to find ways to make people want to hold degen because they believe in the project - not so they can get an allowance. 

That's why I bought 1M coins at the peak. Because I believed. Not because I wanted an allo...

Founder of /success & /insider-trading. Search Marketing Director at Kraken Kratom.

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Not necessarily. I've been pretty vocal that I think some form of staking is fine, but I don't think that removing openrank is a good move. It's clearly improved the Farcaster experience exponentially. 

The site isn't riddled with low effort 'comment for my tips' spam anymore. Or at least not as much as it was in prior seasons.

So you want free money without any skin in the game and expect incentives to align?

l Video editor that's kinda good and also KIND l I believe in /success l /fan-token-tavern and a mod l Here to make frens l OG of /success since day 1

Well, hopefully it won't be too long of a lock. It seems desperate when locks are really long.

I don't know if I could get along with this one but I'll lock my degen cause why not?

Pro-Crypto HR Professional and casual trader. Finding my place on this app...

That's a great idea actually. It would help avoid the big sell-offs at every airdrop date.

What if it was switched to earned tips being given the option to take vs stake. 50% of earned tips if you take at claim day, 125% if you stake for 3 months, 200% after 6 month, 300% after 1 year? 

Instead of forcing a stake upfront, give the option at claim.

I think maybe time held metric could also be used, that way if somebody needs money asap they can still get, without having to wait for a couple of months 🤷‍♂️

We’re bootstrapping a meme coin not starting a new nation state. Jacek to $1

U r right but let c what system will intake 👀

And that's the majority every community should seeking for !

i feel like they will have to think about another way to make things work, locking for allo is out of the box we need to start thinking about something else that will hold degen price not this method

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Happy to be early 

I’m still wondering if i can get along with this or not

Yeah, I get that. But, a lot of people bought their degen, me included. I bought a shitload (relatively)

i´m ok with locking my free (airdropped) for some time to get more free degen

honestly, its the same thing.

unless you are going to be in urgent need of money, it makes no difference at all

I absolutely agree I was here this season even though I didn't get paid (5 per day) 😂and I didn't sell my degen but locking for 3 months is not attractive

I agree. But I think the move is also motivated by openrank data lagging almost this entire season. I wouldn't be surprised if openrank comes back into the equation downstream.

I also agree with your point of view; people are gradually losing faith in $degen

I'm so worried, but I don't know how he'll cook. I'm a little scared of Wording, which is a full fix. I don't know at the moment if it's attractive enough to lock degen in bulk...