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GIGāļø
@gig
Demand: 10.000 degen to tip Problem: - Demand only by big accounts on farcaster because otherwise allocation worthless - as price drops, demand for allowance goes down, willingness to hold even 10k evaporates - so only demand comes from speculative buyers which is plenty during hype, but periods like now: uh oh Solution: - create a reason to hold more than 10k DEGEN - like I suggested before, make PART of allocation depend on amount staked Why? 1. Makes people keep way more of their airdrops to stake for more allocation 2. Even non influencers will be able to get a good allocation by buying and holding more = super good, way more demand 3. People will be effectively trying to buy more than eachother which is way healthier than it is now: Get airdrop, dump everything or everything but the 10k to hold, why would you hold if youāre not bullish? If you get allocation, many that are not longterm bullish would still hold a lot, because of the benefits allocation provides for account growth
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MattwithouttheT š©
@mathew
Isnāt this Seasonās tipping allowance in part based on DEGEN holdings? Regardless, I think the staking idea is interesting. It would certainly drive demand and put allowances in the hands of those with skin in the game and who are incentivized to see the ecosystem succeed.
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GIGāļø
@gig
not that i know off, and yeah its absurd to expect anything other then the price going to zero when you're minting huge amounts of tokens every month, with absolutely NO REASON to hold more than 10k of them The only way people will hold in that case is when theyre bullish, and bullishness is extremely fickle
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