wake on Warpcast

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wake pfp

for simplicity's sake, set degen to 1 usd. how much [money] would you lock away for 90 days to be able to freely invest (or steal) 900000/ USD during that period? 1 million? 2 million? 10 million? 100 million? fwiw I think the upper limit is around 10:1, ie I would be willing to lock 10m USD maximum for 90 days to freely invest 900k over a 90 day period (ceteris paribus). what about you?

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agusti 🐘 pfp

idk man this big bois math is just getting over my head tbh, i just like to have fun on the internet and will keep doing so regardless of allowances going up or down lol

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0xJudd.eth 🎩↑ pfp

0xJudd.eth 🎩↑

I was trying to rationalize this to myself last night before I decided to lock up 1m this morning. If I only had $100, would I lock up $10 for 90 days? Done.

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Niko pfp

what incentive is there to lock more than 1m for max allow (given that you only need 1m, for now)?

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Uncle HODL pfp

1M is my answer 😅

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Dyl 🎩🎰🎶 pfp

Dyl 🎩🎰🎶

I’m not sure but I’m liking it around 1% per day now. I’d say anything above 0.5% per day is decent.

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BrixBountyFarm 🎩 pfp

BrixBountyFarm 🎩

Fed funds rate is … APY here is crypto native, meaning many digits. Either way this math is way better if you expand the notion of self to include community.

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Niko pfp

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O+< pfp

@ꜱᴘɪᴛꜰᴜɴᴋᴏʟɪᴘꜱ ʜᴀꜱ ᴀᴅᴅᴇᴅ ʏᴏᴜ ᴛᴏ ʟɪꜱᴛ ᴅᴇɢᴇɴ ʙᴇʟɪᴇᴠᴇʀ ᴄʜᴀᴅꜱ

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Push 🎩🤌🏻 pfp

Push 🎩🤌🏻

Numbers.. Too many numbers.. I just wanna have fun, that is all🥲

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Mikko pfp

@mikkolagerstedt

so 100k for 10k?

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Diana pfp

@dianacutie.eth

Money make people hype tbh and we are only here for vibes and let's just wait for degen to 1$.💃

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Sujit 🇮🇳 🎩 pfp

Sujit 🇮🇳 🎩

For upcoming season 10 million stake will be the safe postion!!!

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Lauren McDonagh-Pereira pfp

Lauren McDonagh-Pereira

@lampphotography

I have $600 fiat in my bank account. So....

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BrixBountyFarm 🎩 pfp

BrixBountyFarm 🎩

Fed funds rate is … APY here is crypto native, meaning many digits. Either way this math is way better if you expand the notion of self to include community.

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Gambino pfp

@greatgambino.eth

Would definitely lock 10 million (if I had it lmao) for a potential 900k return. 100 million is too high and not worth it

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0xISTP🇰🇷 pfp

If I could earn $900,000 in 90 days, I would be willing to lock up even $10 million. Wouldn't anyone be willing to lock up even $20 million if they needed it?

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𒂠_𒍣𒅀_𒊑 pfp

𒂠_𒍣𒅀_𒊑

$10k daily budget can be an insane amount of capital, depending on the end goal & preexisting distro of lockers.

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Abbas🎩👾 pfp

Bankers will say; up to 100 million $DEGEN is still profitable. 1% profit ratio.

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proxy pfp

@proxystudio.eth

Degen staking-for-allowance can’t quite be though of like staking for yield Network-yield is how I’ve been thinking about it. stake degen if you’re bullish DEGEN (you probably hold some already, no?) OR stake degen if you’re bullish on your own capacity to distribute a tip allocation in a manner that will have positive effects for Farcaster, and by proxy, DEGEN

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