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Nicolas Davis ↑🔆🔵
@nicolasdavis.eth
what you need to know about szn 4by @rjs tldr: 1) daily $degen allo is now capped at 5 million 2) the distribution curve has changed, benefiting older & bigger accounts 3) only casts that we’re made in the past 8 days will be used to calculate your allowance https://paragraph.xyz/@rjs/degen-tips-v7-update
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Red 🎩
@big-red
Interesting. Some of these decisions seem odd to me. Wouldn't you want to incentivize activity from newer members rather than old/big accounts? Also if only reactions within the last 8 days matter, doesn't that make storage mostly useless?
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Rambobaggins 🎩
@rambobaggins
I would assume because the snapshot for payout is taken at the end of the Month, you could end up getting a lot less if the storage wasn’t upgraded- the tippers oldest casts start getting deleted
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Red 🎩
@big-red
Which is kind of crazy. I have to pay to make sure my tips are valid? That feels like the incentives are in the wrong direction. Also, calculating everything at the end of the month seems like an odd choice. Why not along the way?
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Rambobaggins 🎩
@rambobaggins
It depends which way you look at it. Being decentralised, we are essentially paying for ‘bolt-ons’ ( additional storage, creating channels and so on). The tipping culture drives those behaviours which helps normalise them to ensure warp is sustainable Not sure on why it’s done at the end
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