Jonny Mack

@nonlinear.eth

3912 Following

282900 Followers

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https://warpcast.com/nonlinear.eth/0x2e08c185

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agreed. if the farming results in sustainable value accruing to the protocol then i think its win win. easier said than done

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yeah i feel that too. i think the framing is wrong. it should be "earn EVEN MORE for being loyal". anything blocking exit is sus

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so you're saying your cypherpunk dream DAId? (sorry)

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yep, all the material usage is onchain

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i dont have any data to back up this idea. just genuinely curious. transactions being onchain means you can do shit like this. whether or not you *should* is a different question. in a competitive market, isn't cannibalizing your competitor good?

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same. i've flown first class on emirates and cathay numerous times—which is many 10s of thousands of dollars worth of travel—for a few hundred bucks, all from optimizing cc spend and work travel

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assume the liquid token contained an immutable contractual right to present and future cash flows of the protocol

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yeah airlines too. you can do a "status transfer" but only once, and it requires approval

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the idea is to trade cash money + future upside for maximum loyalty. ride or die and win

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what if the scale was shifted? monthly active usage with default 1x rewards = 100%. opt-in and get 2x, 200% rewards (silly i know, but people can be silly sometimes)

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even if it was opt-in?

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ok but why not carrot *and* stick?

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how would you feel about a product that rewarded you with liquid tokens for using it, but every time you used a competitor's product, it divided future reward distributions by 50%? idea #2: same as above but opt-in. earn 1x rewards by default or 2x for putting a ring on it

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i think your point applies equally as well to patronage models. creators have earned ~$1.3m on hypersub the past ~18mo. we've earned ~$25k from fees and another ~$40k from grants. very little speculation. default dead

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