The Crucible

$DEGEN

Not sure if you guys are already aware or not, but ALL of the accounts that were once tipping Razdva, are now tipping Perl their ENTIRE allowance in an attempt to cash out that way.

I know the changes just started but at what point do we deem it gross misconduct and do more than dedegen?

@wake.eth @jacek @cadillion

@greatgambino has some meat to gnaw on: @razdva has realigned his network to dump allowances on Perl, presumably to thwart [ded...] and exit with bags intact. Now, @perl is aware and already taking action (their game, their discretion)...

By pivoting, did razdva discover acceptable practice or is this still misconduct?

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@greatgambino.eth has some meat to gnaw on: @razdva has realigned his network to dump allowances on Perl, presumably to thwart [ded...] and exit with bags intact. Now, @perl is aware and already taking action (their game, their discretion)...

By pivoting, did razdva discover acceptable practice or is this still misconduct?

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@wake.bsky.social

This one was a clear pivot to cash out because they were caught. 

If they honestly put it into perl and start betting, well that’s up to @ace and @peter and I trust that they have rails in place to make sure it’s good faith. 

I’m hoping they will pivot to @degenpad and contribute to funding ITOs. That would be a nice ending to this story of farmer turned funder.

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But they want to take the money.

They're not allowed to just take the money (with extra steps)?

I guess they can try to money launder this way. We’ll see if the @perl team cracks down on it or not. I imagine they will but that’s just my gut talking.

No, I mean what I asked:

Are we certain, as a community, what the entitlements are for allowances, given the locking requirement? ie, are we /sure/ that allowances are not yield?

imo we're kinda crippled by staking/ locking. I'm persuaded by arguments that locking entitles the locker to their allowance with fewer conditions than before. I agree that it "feels like yours" now in a way it didn't before.

That skin-in-the-game sensation was meant to guide people towards better practice, but it also opens up "it's just mine and imma take it" rationalization.

Did the degen vault give people who locked degen permission to use degen points however they see fit? Or not?

I think I’m missing what you are implying because I mixed coffee and cold medicine ;)

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Agree with both. He did, he should have. Now we sort out the difference.

@jacek specifically said they were not. Tbh, he first said "APY" (or quoted someone IIRC), then corrected himself. Tbh 2, it would have been "better" if he said so before the allo change system/lock