Degen

will airdropped $degen be locked in some way? 

how could the design prevent immediate sell offs that could kill all memecoin price momentum (needed for growth)?  cc @jacek

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What's the best lock mechanism in $degen's case?

Some sort of vesting (get #degen every day or every week), incentivized staking (giving boost for Season 2) or something else?

Locking for locking purpose has 0 value (at most short pump)

Vesting is good to incentivize long-mindedness in team & early backer (memecoin?)

Ongoing incentives for $Degen-things maybe valuable but often gameable.. I prefer rewarding quality contributions (incl. hodl) through bounties, future airdrops/retrogrants.

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Makes sense on locking.

Not sure if vesting would be appropriate for small airdrop receivers (like someone getting $10 in total spread out in the span of weeks or months).

What's your opinion on incentivizing hodl vs. incentivizing LP?

Agree.

Not a fan of either - but hodl should be natural.

More notes 👇🏻

1) Often incentives & multi-token designs are financially overengineered & more barrier than help (Think of vesting & ve-token designs, vote markets, 3rd parties taking decisions) IF they don’t have an economic role in the protocol.