Degen

can someone explain the recent drama like i'm 5

/big-list /co /degen-lotto /farcastles | @ed1t @3dit @3d1t | collaborative collections: 420, Degen, Ham, Perlvision, Pi

People used the mcdegen exploit to tip themselves and cash out. 
Glitch in the allo made it even worse. Farming rings getting cracked down on. Daily allos will be 1/5 if the previous.

NFT creator, collector & founder of
/veg the rule defying art channel and /moxie-mintclub the home for Base/Zora erc-20 token mints Ⓜ️🎩🍖
Wutang 🙌🏻

also, what is the mcdegen exploit and who are the people?

I didn’t know about it either, basically you could use mcdegen to buy tokens on L3 then sell immediately. In essence tipping yourself. For a period of time it wasn’t even deducting from your daily I believe.