nikolaii.base.eth 🚀 on Warpcast

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nikolaii.base.eth 🚀

Just to add my 2 cents on season 6. I think @jacek did a great job here. Rigth now you can get a max of 10K degen and you need to lock down around 1.23M degen to get it. So far 554M was locked and that played and imho will continue to play a great roll in keeping the price of degen high, which makes all the tips you get much more valuable.

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I've sponsored you through @microsub! microsub will be opening to new sponsors and nominees soon. 730 $DEGEN

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I'm supporting you through @microsub! microsub will be opening to new sponsors and nominees soon. 76 👏

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I'm supporting you through @microsub! microsub will be opening to new supporters and nominees soon. 🍖x189

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I'm supporting you through @microsub! microsub will be opening to new sponsors and nominees soon. 76 👏

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I've sponsored you through @microsub! microsub will be opening to new sponsors and nominees soon. 47 $DEGEN

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I'm supporting you through @microsub! microsub will be opening to new supporters and nominees soon. 🍖x189

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Hoot 🎩 ↝ ZuThailand pfp

Hoot 🎩 ↝ ZuThailand

I wonder if people lock it just because of allocation or if it's more about speculating on future utility

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Samo pfp

idk Nick, 1️⃣ offering privileges based on the size of your bags sounds like more of the same from the NFT world. catering to few doesn't get you far enough. What if ETH allowed you privileges based on the amount of $ETH you hold? 2️⃣ the entry point to get a decent allo is too high (most of the ppl won't have fun anymore) 3️⃣ degen still has no other use(-case) except tips

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Agadoo 🎩 pfp

Whilst he’s done a great job, this 554m represents about 4% of total circulating supply (about 1.5% of fdv). Given there’s still c.60% of the total supply to be released, going to need a lot more users/stalkers to see any upward price movement, and for that we need genuine uses for degen (I.e. stuff people are willing to pay for). The tipping mechanic is great, love the idea of rewarding people for good content but wonder what would happen if it was already ‘rain-only’ (so tipping degen meant actually paying people rather than just tipping future airdrops).

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Roman pfp

great thought! 20 $degen

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