6bazinga🍖🌭🎩🥕
@6bazinga
I just won 1216 $DEGEN in Gate of Degen! @degengate
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6bazinga🍖🌭🎩🥕
@6bazinga
Soo, this is an addiction to gate of degen and it just launched. This is to make a new coin and I assume it'd dropped directly in your wallet like gate of degen or moxie
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Cake One 🎩🔵🎭🔴
@theonlycakeone
thing is I have been clicking that thing for months and never seen anything arriving on my wallet so i'm not sure what to thing of it.
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6bazinga🍖🌭🎩🥕
@6bazinga
Only if you're a key holder or the crown do you get drops, holding a postion you won't see anything drop in your wallet until you cash in for profit your position. Then whatever has accumulated since you got your position you get a cut of it. The more you put into a specific gate the better your position
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Cake One 🎩🔵🎭🔴
@theonlycakeone
Thanks I understoof nothing though. LOL Except that i won't get anything out of it and i should stop clicking it, right? 500 $CAKE
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6bazinga🍖🌭🎩🥕
@6bazinga
Lol no no no. Imo there's that risk, it is crypto. Lol but in theory so long as you invest in a gate that's newer and still rising, you have the potential to gain decent amount. Your best bet would be to mint your key and pump that shit. If you hold the key and the crown you get 100% of the transaction tax
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Cake One 🎩🔵🎭🔴
@theonlycakeone
Thanks. But how? Where? When? confused cake 😅
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6bazinga🍖🌭🎩🥕
@6bazinga
So come to find out GoD is essentially farcasters fan token that utilizes farcasters native tipping token, DEGEN. Im not sure why it didn't hit like moxie fan tokens or hamcaster tokens, but it functions kinda similar. Anyone can pay the degen fee to purchase a key, new or existing for themselves or/and someone else. Fee depends on essentially influence. A person can own multiple keys and have multiple different gate positions. If you opened the daily free box and put it into the same gate the better your position. You can cash in your position at anytime all done in frame Each transaction incurs 1% tax of which 95% goes to crown and 5% to key holder But 95% goes to key holders and 5%to crown until the king/queen claims the crown. King/queen being the individual who's Profile is GoD. As far as claiming the crown, im not sure if there's a fee for that or only the key
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