building @perl | alum South Park Commons | previously cofounder SBLY.com, eng at Stripe | peter-kim.com

Appreciate the transparency. So will $PERL have its own price or is it solely dependent on price of $DEGEN? 🤔  I'm bad at tokenomics. 😅

$PERL will initially be a offchain token (similar to warps) that will have a fixed conversion rate (to be announced) with $DEGEN (onchain)

perl

The price ratio between $Perl and $Degen is something worth paying attention to because the two channels could be considered equivalent. Some people might prefer Degen, while others might prefer Perl. Whichever is lower, it's difficult to resolve. This is a challenging problem for /perl  Peter and Alex.
Respect them.