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.

the thing is that there is a lack of new users in Farcaster itself

Based builder /thekey /driporskip /nfthreat-art // $WEB9 // No financial advices

That's true, but looking only at external factors will not help Degen to solve its own internal challenges. Imho we should try to focus on the issues of the tipping system and build real use cases beyond it (not related to gambling, bonding curves...), even outside FC, where people can use their tokens.