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mattdesl
@mattdesl
so much euphoria on FC timeline about degen. 🫥 it’s a memecoin with questionable allocation, centralized operation, and appears to be mostly closed-source. do you really think this is a sustainable future for FC and decentralized social media protocols?
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Kien 🙏
@kienfam
it's not the memecoin anymore. it's an L3 and seems like the goal is to build the ecosystem around it. not arguing with the other parts though. but what you can do, I think they are doing a good job to promote FC to others.
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mattdesl
@mattdesl
Can you prove that? Where is the code, and who do you think is operating the L3 sequencer? Promoting FC to others through airdrop farming is a short term win, but does not feel sustainable for the protocol.
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antimo 🎩
@antimofm.eth
https://syndicate.io/blog/degen-chain
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Kien 🙏
@kienfam
what do you want me to prove? are you claiming they are "lying" or not fully transparent about their moves? from $degen side airdrop and etc is the gtm, retention. it's what brought the value to FC for FC it's so far the PMF of it. crypto also started from "short-term speculation" degening is the PMF for FC
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cm 🎩🧾
@0xdrog
If you think degen tipping is farming idk what to tell you.
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max ↑🎩
@baseddesigner.eth
Degen will be dropped for months more and some rewards / allocation going as far as 2028 With more apps on L3 there’ll be even more utility for it
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