Rob Sanchez on Warpcast

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https://warpcast.com/~/channel/degentokenbase

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Rob Sanchez pfp

my thoughts on making degen lock up better 1. get a degen allowance based on your % of staked degen in the pool 2. 50% of your degen allowance can be tipped, other 50% is claimable by the staker next airdrop 3. if you don't tip your allowance you can't claim your airdrop (if you tip 10% you can claim 10%)

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also rebrand degen vault to staking degen, which degen wants to have a vault?!

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giving good incentives to stake degen, less circulating supply, price goes up, everyone happy (whales and smaller wallets)

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Rob Sanchez pfp

with this system people also make money when they tip because they need to tip before they can claim their own staking rewards

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Rob Sanchez pfp

give a boost or multiplier to people who own certain nfts, build degen apps, provide liquidity, etc just like the initial airdrop

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Jared 🎩 pfp

I would love to be able to claim a portion of my tips.

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baubergo pfp

What would a 500k staked scenario look like as an example? Asking for a friend 👀

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Tim pfp

I like this idea a lot

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Push 🎩🤌🏻 pfp

Push 🎩🤌🏻

I really like point 3 ngl. Point 2 is kinda eh. But we definitely need an incentive on locking, which will make it effectively staking🤌🏻 And yeah sorry, but distributing the token is not enough for locking my shit up and committing that much🤷🏻‍♂️

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max 🎩🚂 pfp

@baseddesigner.eth

definitely need a boost, not sure if most of those degens cast anything

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AuntiePapi pfp

@auntiepapi.eth

Would you claim immediately (when tip received) or as the vest continues (so would it be time bound?) This idea sounds like a good one.

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Cardman 🔷 pfp

@therealcardman

I like this but would only I think we should just pick one of the 3 for simplicity sake. (i'd go with something like #3, but a % unclaimables from nontippers are distributed amongst tippers)

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Emily 🎩🃏🍖 pfp

Emily 🎩🃏🍖

I’m agree with this 🤔

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zoz pfp

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ilove.base.eth pfp

From the beginning I was hoping to see some type of retroactive incentive toward those who tipped their full allocation consistently, like a pay it forward type thing for those who were consistently giving. Don’t get me wrong, I’ve been rewarded far more than I deserve, but as time has carried on and the allocation grew smaller regardless of the size of your bag or your activity in the ecosystem and L3 up to that point and became more about follow count…I honestly sort of drifted. Happy for any type of change. 🎩

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Jerry-d 🍖👽🎩 ↑ pfp

Jerry-d 🍖👽🎩 ↑

This approach is definitely better. Everyone wins. $DEGEN wins. Farcaster engagement increases. This is still subjective, but to increase quality, tip quality. Most know it when they see it. 500 $DEGEN 🎭😎🎩 Thank you, Rob!

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JR ↑ pfp

Great improvement proposals! I like skin in the game, active Degens, thoughtful tippers & behavior connected to personal rewards (especially as you can also tip good apps or @tipothehat). Point 3 would be a bit too harsh for me but I'd agree if you only tip on 50% of the days, you shouldn't get 100% tips. 2000 $degen

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bigdegenenergyⓂ️🎩 pfp

bigdegenenergyⓂ️🎩

@bigdegenenergy.eth

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thej0n 🎩🍖🤝 pfp

thej0n 🎩🍖🤝

So we tip 50% or more. According to my calculations.

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johann pfp

i really like this! 💜🫡

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