Degen

1️⃣ The Lockup Vault – A Bad Deal for DEGEN?

The vault was designed to require users to hold DEGEN in order to receive daily tipping allowances. The idea was that this would reduce sell pressure and incentivize long-term commitment.

But the numbers tell a different story:
	•	Right now, a 1.9M DEGEN deposit gives you a 10K DEGEN daily tip allowance
	•	If fully farmed over a year, this results in an APR of 184% 😳
	•	That’s a massive ROI for a short lockup, creating huge inflation in the ecosystem

This raises a key question: Are we getting enough back for giving out these rewards? Right now, it looks like the system is disproportionately benefiting farmers rather than long-term ecosystem participants.

Feels like farmers are getting  smarter and smarter and no matter what we do to protect to community, they just find another way to abuse the ecosystem😭💔

capturing love&light.
https://foundation.app/@anna_zhukovska

Farmers will always be one step ahead. The nature of it all.

Lil curious about blockchain
PD @artistprogram
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I don’t know. A lot of money in the banana stand. 

I just mean. It’s too lucrative in crypto to game systems. And systems can’t build out every possible / potential attack vector.

not if we stop the whole allowance/tipping system and switch to LP maybe?