1/5 On Base, we’re the 3rd largest token by wallet holders, trailing only USDC and WETH. Our recent distribution round has placed Degen in the hands and minds of nearly everyone on Base, and our reach extends beyond. The question now is: how do we build value for Degen holders?

2/5 Should our goal be to find effective and legal ways to earn revenue and redistribute value to token holders, making Degen integral to amazing products, games, social dApps, and more?

3/5 Do we acquire valuable companies? Or should we incentivize and give grants to top builders in Web3 or even Web2? Perhaps building our own great product, like Blur, Uniswap, or Warpcaster, with massive potential is the way to go.

Maybe less about giving grants to devs as helping to promote them w/ real users or TVL/volumes, etc. 

Blast did have their grant competition w/ voting from VCs, angels, "KOLs", etc. and I think that worked well for them.