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Ramsey 🎩🤝
@ramsey
It's been 76 days since the degen tipping bans. While I do still think that a lot of people have been caught in the crossfire (me and the people I tipped in that last month included), there's nothing to be done there anymore. Technically, if you locked on that day, with the purpose of farming, and you plan to unlock and sell that degen, you have 14 more days until the unlock is possible. I do think (with no metric whatsoever), that the majority is already unlocked by pure farmers and/or people that think the numerous rule changes are not a good sign of the project. @fookinnowan has been meticulously keeping track of the vault stats (and I thank them for that). So far, nearly 50% of degen has been unlocked and presumably sold. I am wondering how the price action will look like after that period ends. Will the full exodus of farmers happen by then? Are they done selling or using LPs to farm more degen? Will the app be the catalyst for the return to previous prices? Or are we doomed, until ETH recovers?
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Plants
@plantsnft
I relocked last week wen it unlocked Tipping is cool. I look at the degen I have as free money (although I spent $1000+) I believe in @jacek cause he didn’t walk away When something is crypto goes far in one direction it eventually comes back. The tipping void will be filled but the question is will Degen fill it. Idk but I’m gonna find out Tough spot for all but FAFO with hat on is my plan
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Ramsey 🎩🤝
@ramsey
I still have some locked (a bit over 100k). And will probably lock a bit more if the @beefy LP rewards continue. But I will never again lock a large part of my portfolio with no "yield". That makes no financial sense.
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Plants
@plantsnft
The yield to me is the social interactions.. maybe it isn’t truly tangible but I find value in it. Totally see your angle but I kinda like the set it and forget part of the lock Best would be allowance for providing to LP. That would be ideal
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