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Sam
@samhorine
The great in between // how’s everyone doing tonight, anything going on I should know about?
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SRΞΞ 🦉🎩
@sreeranj
GM Sam ..did u vault degens ?
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Sam
@samhorine
GM - not yet, you?
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SRΞΞ 🦉🎩
@sreeranj
Yes I did ..came across this today FYI https://warpcast.com/scizors-eth/0x14aec9fc
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Sam
@samhorine
I put that squarely in the FUD category honestly - when you do the math it’s like 60M $DEGEN that actually get unlocked and with amount that’s going into vault at this rate I don’t see it as being a big disruption even if it’s all dumped at once - but def lots of uncertainty right now and a lot going on behind the scenes that users aren’t privy too. But as far as a massively far reaching plan orchestrated by founder and VCs to dump on users - it just doesn’t track for me currently, could have rugged ages ago for way more
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scizors|theythem|cult leader🎩
@scizors.eth
i am unsre on the math, please explain. my intention is not fud but to spread info that is not common knowledge they don't even like to talk about how there are VC backers for this let alone these types of details i locked up 25k tokens and my allowance looks as though it will be only 450 ish per day down from 750 yesterday. currently one needs to lock up more than 500k tokens to get the full 10k allowance and thats $3958 worth of tokens at current value. with the way the rpice has tanked the past three months the math isn't mathig for me with respect, usually when someone has cried FUD in the past they were trying to make others their exit liquidity... screenshots to follow for my sources on this from dune
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scizors|theythem|cult leader🎩
@scizors.eth
https://dune.com/queries/3908368 You can see in the first screenshot that it takes 590,000 tokens to get the full 10K allowance, that's up from about 300,000 yesterday in the second screenshot you can see that my 25k tokens only gets me about 400ish allowance per day. That's down from about 750 yesterday so with the way that these numbers are dramatically dropping, I'm just not sure it makes sense
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scizors|theythem|cult leader🎩
@scizors.eth
here is the second screenshot which shows my allowance according to dune
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