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MattwithouttheT 🎩 pfp
MattwithouttheT 🎩
@mathew
Someone set me straight here. You can’t simply compute the required stake for a 10K allowance as 0.22% of the total value balance, can you? Extreme example, but if @wake.eth contributed 99.99% of the DEGEN in the vault, he’d only get 10K allowance. If we don’t remove his excess DEGEN contribution from the equation, only 0.01% of the total allowance pool (or 450 DEGEN) would be getting split between all other contributors to the vault. If I’m thinking about this right, then everyone is waaay overestimating the amount that needs to be locked to secure a 10K allowance…
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Booth Templeton
@subcutaneous.eth
No, this actually how it’s calculated. It’s 100% slanted towards whales. That’s why despite the low number of staking greater than 570,000 degen it is still required to get max allocation. If you stake say 10M anything in excess over 10,000 is not allocated to anyone else. Terrible.
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MattwithouttheT 🎩 pfp
MattwithouttheT 🎩
@mathew
You’re right. Seems sort of silly… https://warpcast.com/jacek/0x44267db3
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