An unbounded infinitesimal interpreting his braid in spacetime:
🦔 CTO hedgehog.app,
🍊 YC S21 orangedao.xyz,
🌐🔗🌎 #027 kong.land, 🦇🔊,
prev 🌱 acorns.com

We've heard the community and recognize the current tip allowances aren't ideal. We're developing a new incentive mechanism to reward long-term members and reduce farming. We'll iterate quickly to improve the next season, making token farming increasingly difficult. @cadillion and I are cooking.

To clarify, future systems will require you to show commitment to the Degen project by locking or staking. We aim to reward long-term HODLers of Degen. The incentive mechanism we're designing is currently in development.

Rebase

TVL of each token staked on rebase.finance as a % of *total supply* for each token continues to 📈 

1. $higher: 30M staked (3% of total supply) 
2. $build: 16B staked (1.6% of total supply)
3. $degen: 80M staked (0.6% of total circulating supply)
4. $aero: 144k staked (0.03% of total supply)

Nearly 1% of circulating supply has been staked on /rebase over the last few weeks

Feel like a tag team approach of external + in-house staking solutions could really hoover up a non-trivial % of circulating supply

@kompreni and I are always down to chat about this

Nearly 1% of circulating supply has been staked on /rebase over the last few weeks

Feel like a tag team approach of external + in-house staking solutions could really hoover up a non-trivial % of circulating supply

@kompreni and I are always down to chat about this

https://warpcast.com/niftytime.eth/0x2a772f5f