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https://warpcast.com/~/channel/degentokenbase
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Jacek.degen.eth 🎩
@jacek
Interesting idea from @robrecht. What do you all think? Drop your feedback in the comments. 👇
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Pichi 🟪 🍡🌸
@pichi
As it stands now, I want to make sure I’m framing this correctly. MI think many people don’t realize that this new season is about buy in. Your allowance will decrease daily as new people buy in. You can’t increase your rank with sweat equity anymore. The OpenRank bonus is TINY. Every time a new person adds more money to the staking pool allowances will go down and unless you keep adding money every day, this is going to be a really terrible reality for most people and I think very few people are considering this.
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Walleteer 🎩
@walleteer.eth
But, in theory, the actual worth of the degen tips should increase.
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Dvyne🎩
@dummie.eth
You mean the price of degen would go up because of this? That would be something new in the crypto ecosystem Or you mean something else?
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Pichi 🟪 🍡🌸
@pichi
We have no idea what the price of degen will do. Hopefully it goes up, but no guarantees.
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Walleteer 🎩
@walleteer.eth
Of course. But no matter what happens, the truth of all “goods” is supply vs demand. If people keep staking then that reduces supply. If people need degen IOT stake, that increases demand. Yes, nothing is guaranteed.
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Pichi 🟪 🍡🌸
@pichi
I visited very mountain god I could in Japan and prayed for degen to $1. I think this is the right path to make that happen, but I think people are fundamentally understanding the HUGE change that is about the happen and are going to be SHOCKED when their allowance drops daily because there are people who can and will stake slowly to change the dynamic daily.
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