$DEGEN

Jacek just announced they are cooking up the allowances going forward (not this season). Notes of staking/locking up to incentivize long-term holders rather than farmers. 

I feel like this is a good move. Incentivizing the holders rather than those who try to game the system. 

What are your thoughts?

Building /ambassadors and /base-ph. Warpcast is super fun. 

/project /bid /replyors https://newsletter.ambassadors.gg

All boils down to whether or not it incentivizes the right kind of behavior. The price collapse is, at least in part, a function of chronically incentivizing the /wrong/ behavior; ie, staking /for/ allowances because they can be trivially sybil'd.

We've had bad success.
How about good success?

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@wake.bsky.social

That's no accident. PA brings the dysphoria that brings the reaction. Hopefully a measured one.

Yep, the challenge for them is to strike a right balance -- no perfect solution to solve all the loopholes/sybils but trying to keep it at a minimum would be great

I love that we're all having this conversation now rather than later