반모 BANⓂ️O

Degen

1️⃣ The Lockup Vault – A Bad Deal for DEGEN?

The vault was designed to require users to hold DEGEN in order to receive daily tipping allowances. The idea was that this would reduce sell pressure and incentivize long-term commitment.

But the numbers tell a different story:
	•	Right now, a 1.9M DEGEN deposit gives you a 10K DEGEN daily tip allowance
	•	If fully farmed over a year, this results in an APR of 184% 😳
	•	That’s a massive ROI for a short lockup, creating huge inflation in the ecosystem

This raises a key question: Are we getting enough back for giving out these rewards? Right now, it looks like the system is disproportionately benefiting farmers rather than long-term ecosystem participants.

He doesn't seem to realize what the problem is yet. What people are wondering the most is why he didn't announce the rules regarding bans in advance at the start of the new season, but created and applied the rules now, right before the claims.

😕😕😕

Life is wonderful.
https://zora.co/@meemeeeland