Ryan J. Shaw
@rjs
I see a bunch of concerns about season 6. Note that the locking mechanism is independent from the allowance mechanism. The locking contract doesn't implement any allowance logic i.e. the allowance rules can change just like they always could, so share your thoughts ๐
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eirrann | he/him
@eirrann.eth
I see less and less reason to think it would be worth it for me to stake any of the 120k degen max that I could have available to play with, unless maybe 10k just to be able to participate in tipping at all this time around Between how willy nilly the whole system changes to things like the amounts of huge selling that could be coming up, the risk-reward doesn't seem aligned to be able to give away 10 bucks a day or whatever allowance I might be able to get https://x.com/mattaaron/status/1811061979227795891?t=Hws_hQ0k6Q3z4L2hTvPNSQ&s=19
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thej0n ๐ฉ๐๐ค
@thej0n.eth
And we forgot the focus on why we should tip. And we keep forgetting it canโt last forever. So we have to build a culture for tipping. For paybots. For floaties and airdrops and whatever other cool solutions exist and will be built. Even when we donโt have allowance. For building communities and building value. Just saying
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tknox.eth๐ช๐ฉ
@thompson
Ah. So is this why we are being considered exit liquidity? Bc the bc fund gets an unlock a month earlier than we would? Hmmm. ๐ค
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eirrann | he/him
@eirrann.eth
Unless they're hella bullish on degen I guess? I don't see the economic rationale of how this round of degen tipping is playing out, regardless.
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tknox.eth๐ช๐ฉ
@thompson
Idk - I enjoy it! I think it really could work if everyone feels rewarded throughout the whole process. You get to tip artists, tippers receive an allowance, creators of the coin have people stake their coin and so on. It could be a great little ecosystem but each part has to be content ๐
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eirrann | he/him
@eirrann.eth
I just don't understand how it makes sense for ppl to lock away multiple thousands of dollars for the opportunity to give away 70 dollars a day ๐คทโโ๏ธ I also don't understand why the sudden about-face, from last month's purported solution to sybyls, to a system that any sybyl group willing to lock up funds from previous rounds can game easily
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