perl

building @perl | alum South Park Commons | previously cofounder SBLY.com, eng at Stripe | peter-kim.com

Appreciate the transparency. So will $PERL have its own price or is it solely dependent on price of $DEGEN? 🤔  I'm bad at tokenomics. 😅

$PERL will initially be a offchain token (similar to warps) that will have a fixed conversion rate (to be announced) with $DEGEN (onchain)

building @alfaca @offmarket @perl | alum South Park Commons | previously cofounder SBLY.com, eng at Stripe | peter-kim.com

Warps price is always constant but then perl price  might be volatile in degen mode.

agree, we are operating under the assumption that 1 $DEGEN = 1 $DEGEN and people are looking to hold $DEGEN long term

yes we are taking that into consideration, but wagering a token directly tied into a project can further increase volatility of the project itself

we will find the best solution, thank you for the honest feedback

5000 $DEGEN

Hmm good thought. I feel making perl token might be good idea in future as you don't need to be dependent on degen. Never know which project goes which side.