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Melissa Burr 🍓
@burrrrrberry
Re: dedegen and my position on the mod squad Dear @jacek, In season 6, you rolled out a new system you hadn't quite properly thought through. Last minute, you caved to the biggest whales. You told users to lock up their precious degen and receive an allowance to do what they want with. So they did. They opened up channels for "tip-for-tip" and "401k matching" (which you condoned). You misaligned incentives with the site's most active users, and now degen is being exploited by the people you bent the knee to. NOW, you have appointed a select group of people to clean up this mess with subjective standards and burdened us with the responsibility of deciding "what's right." If you want to unlock people's money and change the rules, fine. But I won't be a part of this. Sincerely, Burr
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Bitfloorsghost
@bitfloorsghost.eth
The fight against farmers is the #1 reason that degen has suffered so much and why we are where we are with it imo I still believe they should quit that fight (not winnable) and roll things back to the previous season just even as a start
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Beninem
@beninem
DEGEN pops up insanely with other small cap alts and then peaks and corrects 90% like other small cap alts. Even BTC did the same thing early on over a decade ago. It's natural when you have insane returns, insane fomo and then insane panic. And to think that a couple tweaks to the tipping algo will mean humans won't suddenly sell their free DEGEN is laughably ludicrous. I as a whale will continue to take my full tip and push it wherever I see fit but I'm not putting any requirements on these casters to hodl their tipped DEGEN. So why are we acting like it'll somehow be different? The way I see it we're basically upsetting the early loyal users of FC and believers of DEGEN while rewarding the couple whales who might have just shown up late to the party but are being rewarded for it.
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Gwynne Michele
@thecurioushermit
It's natural that people are going to want to cash out after an airdrop. More and more people will be in it more for the money than for the community or other ideals sprouting here. I'm new here, haven't even had my first airdrop, but I'm already pondering my strategy - definitely locking the 10k, and want to leave some to continue growing as the economy grows because I understand the value of staking and how it helps to stabilize that economy. But that doesn't mean I'm going to hold all of it when a bill comes up that I've gotta find some way to pay. I do have some concerns about the market effects when the farmers cash out, but am hopeful devs will continue to work on solutions to that problem.
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