meguce on Warpcast

Colton Dillion 🎩 pfp

Colton Dillion 🎩

If you wanted to get really crazy you could do quadratic tipping We've already talked about accumulating allowances over a 2-7 day window, so what if repeat tips to the same account within that time window were also applied quadratically, ie every unit tipped after the first unit eats 2n-1 marginal units of allowance

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meguce pfp

I am very sorry, but already with the changes degen interest has shifted to other tipping systems. If you do it this way, it will be a system that will harm degen again. This is a very easily avoidable situation in this system. You will only exhaust yourself. Or the more you restrict them to tip the right person, the less people will be interested in degen.

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meguce pfp

Of course, whatever you say will happen. But I think you should revitalize the ecosystem rather than giving new forms to the tipping mechanism. There will always be people who abuse the system. And I think you are missing much bigger things by focusing only on these.

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Colton Dillion 🎩 pfp

Colton Dillion 🎩

Can you share what these bigger things are? Would love to work on things the community believes are impactful

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meguce pfp

Despite all the alternatives to tipping, farming is still simple. The more you try to prevent that, the more you lose sight of everything else. Maybe you are working in the background, but as someone who believes in degen and constantly takes action accordingly, the only thing I see is the tip mechanism. The first system was very open to farming. And that's exactly why we've been able to attract tens of thousands of people here, because there's a simple logic that if they're not going to win, they won't come. The more limitations you impose, the fewer people will benefit from the token. We saw this in the previous season. It only made sense for 1k people and the price plummeted. If you give the Allowance to those who add more value to degen rather than tying it to a single condition, then even having farmers will not affect the future of degen.

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meguce pfp

This is my own view of degen. And I've watched what happened almost from the beginning, where very large accounts were not prevented from sending tens or even hundreds of thousands of dollars worth of degen to each other in previous szn, and the degen grew. So that's not the problem.

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meguce pfp

In April, everything started to change. Because a very large community was driven away. And that was your first big mistake. You realize that in May, despite the incredibly low allowance, it was fine. Because small allowance is only a problem when the price is low. And at that time all farcaster's big accounts left this place. They all suddenly got busy or sick. He went back to X. Whenever you went and gave a 1k account a high allowance again, they came back. And all of these people had already farmed tens of thousands of dollars in the previous seasons.

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meguce pfp

If I have to be more clear and obvious, you might consider zksync. They lost real users/supporters by focusing too much on farmers and sybils. You succeeded in spite of farmers earning unbelievably high sums. Please consider this.

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meguce pfp

I apologize for being so long-winded and taking up your time. 🎩🌹

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Colton Dillion 🎩 pfp

Colton Dillion 🎩

I appreciate you taking time to write this, never apologize for sharing feedback! The logic is self-defeating, though. Basically you're saying that if we can't deliver high allowances with free money for farmers then the project will die. But there isn't infinite DEGEN, we eventually have to reduce allowances and farmers will leave because there is nothing left to farm. So where does that leave us? We would rather trade off immediate hype cycles to build something for the long term that people like to use without any expectation of profit, than cater to people who actively degrade the experience of other casters by filling up the timeline with unhelpful tip spam. Ideally tipping helps to surface the best content and reward the best content creators, and we want to build things that reenforce that virtuous cycle

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meguce pfp

I know that and I support it. I don't disagree with you. I also wish degen to succeed. The impact has been tremendous and I want it to continue. We can enable it by developing better quality ways to distribute the allowance. Degen nft's, degen domains. I think I am one of the 2 people who have a single-letter domain right now. I am writing as someone who trusts you enough to pay for it. Also, the logic does not refute itself. If you do not develop the Degen ecosystem in this process, this will be the result. That's why I advise you to focus on something else instead of tipping: making the allowance distribution quality and in the process creating areas for degen to be used outside of tipping 🎩🌹

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Colton Dillion 🎩 pfp

Colton Dillion 🎩

We hear you and we're working on it! First things first is to get the L3 back to an unimpeachable state, but we have big plans cooking in the background

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