phaver

CEO at @phaverapp, the gateway to Web3 social and largest app on Lens Protocol, now also on Farcaster

**Inflation of Phavercoins $SOCIAL**

I'm worried to know that Phaver will airdrop SOCIAL every month, reducing it's scarcity. 
If 2% of tokens are airdrop monthly, we need 2% more buyer to keep a constant value.
There is no burning system, nor Phaver is buying back token. So SOCIAL is inflationniste, and it's value will naturally decrease.

What is your thoughts @joonatan.eth on the monthly inflation of Phavercoins?

Engineer | Crypto Enthusiasts | Photographer

Thank you CEO for having taken the time to share with us these clarifications!
I totally see you point that this kind of airdrop are essential now, to bring new people, even if it will devalues slightly the token.
And as you said, the most important is to found utilities to the Phavercoin, to increase its real value. I'm happy to see that your team is working hard on this point 🔥LTF🦄

Only S2 will be 2% and they will decrease after that, plus a lot of ways to spend $SOCIAL in the app are coming. For true price discovery we need more than 10% of the token in circulating supply but doing it in monthly batches reduces the selling pressure and helps us onboard new users into the app. Later season sizes will be determined based on growth and token demand to ensure balance.

The largest multiprotocol web3 social app 📲

With cross-posting to both Farcaster and Lens 🟣🌿 https://phaver.app.link/phaver

Thank you for your clarification! So season 3+ will be adapted based on feedbacks from season 2?

Can we have insight on to pool size of S3? I'm doing some calculations if I burn my points in Season 2 or 3 😅

It will continue, with slight adjustment based on feedback and market.
The goal is to hand monthly rewards, to incentive people to create some content, but on the other side, not to "print" free money each month.

so after season 2!! no more airdrop? or is it every month truly? @joonatan.eth