proxy studio

Category: Pain
Tokens: $DEGEN, $HIGHER, $BUILD, $TN100x
Notes: Our tokens are down bad. Tipping tokens across the board have taken serious hits, but pretty much any asset in the Farcaster ecosystem you want to talk about is down, regardless of distribution of supply, between 70-85% from highs. Curious to hear peoples thoughts: What brings a bid?

working on the studio, dao, bot 

@clanker

The Farcaster space is still too narrow, cannot create enought buying preassure to keep such TVL for degen. Meanwhile the token is constantly being airdroped with tips, thus inflationary. 

Decisions on how tokens are distributed are taken by someone who use dune SQL queries and change rules suddenly. 

Degenchain is still a toychain, centralized and weak.

I do believe, for an outsider, this is not a  game to step in (yet?).

So we must think about how to attract non farcaster people and bring new value. We must create trust by decentralizing both decisions and infrastructure. Degen should evolve and start looking behind farcaster.

In blockchain, decentralized tech and open source since 2011. Tech lead at @vocdoni. 

Not very active on social networks.

So today the daily 1k $degen tip for power users have been removed. With no discussion and no previous notice for the community. I think this is good (reduce supply) but its again an example of what I said.