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wake
@wake.eth
543k+ now, another big spike. juicy tip to whoever can tell me what is driving the token spread. looked over it yesterday and didn't see any smoking guns. did happen to notice some new vesting contracts and a new multisig from degen core tho 🥃
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darcris
@darcris.eth
Maybe because its discounted .. Small fish bags some 🤔
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wake
@wake.eth
price depression is how small fish get to play the staking game. hope they realize that there is a "too late to play" if Jacek's staking scheme proves popular...
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Metaphorical
@hyp
Not sure what you mean here, can you elaborate?
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wake
@wake.eth
the new system is going to favor larger amounts held for longer. the specifics are unknown. if thats attractive to people who want allowances, that’s a tremendous amount of buy pressure, potentially. price may increase, pricing out smaller wallets quickly.
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Metaphorical
@hyp
much appreciated
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Metaphorical
@hyp
I'm here for it. Out of degen, here's 333 $farther
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