$DEGEN

Thanks @jacek but it is not the trust in you we have problems with. All degens trust in you and the team. The problems are various actors that tend to skew the rules in their favour and in this way penalise small degen accounts that cannot rise or get their fair share. Thanks for all the efort you put to the project. I Really appreciate it. I would never dreamed of having any kind of influence, even small, on any social platform.

We’re super happy to hear opinions like these! The part at the end really makes Degen worthwhile. This season, we hope players of all sizes get a fair shot at tipping and that we spread the love not just to the big accounts but to every corner of Farcaster, creating a rich mix of content!

With allowances capped, we need a smart way for large wallets to sponsor small wallets. Mayhaps time for you to consider letting wallets above certain sizes delegate their unutilized allowances (ie, whatever they'd get beyond the cap limit). Whitelist the function to the largest wallets with the longest hold times (Feb forward) maybe.

The Degentlemen 🎩

Metanations
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🍊 YC S21 orangedao.xyz,
🌐🔗🌎 #027 kong.land,
prev 🌱 acorns.com

think so. but even I won't be able to guarantee any particular allowance at the rate the vault is growing. i could stake 300m today, take half the pool for me and mine, and be whittled down to dust within a month.

entropy will keep rising unless something pushes it back toward equilibria

We did talk briefly about a "vouching" mechanism, where you could stake funds toward another account, but ultimately decided it was too complicated for v1.

Maybe time to bring it back?

Bringing India onchain | @base | Player @callusfbi

Global founders and builders painting the next wave of consumer crypto on Farcaster.

@proxystudio.eth also has advocated for delegation in the past. I don’t want to speak for any of them, but maybe they +/- @saxenasaheb and @callusfbi would be interested to lend some input or support.

Was just earlier discussing how to extend the tipping system at a regen Meetup! Delegating allowance and pooling for some kind of (quadratic) matching came up

We should be incentivizing velocity of circulating supply not locking!!!

I have been holding my airdrops and buying more since Feb but not in my connected wallets

Degen

Degen Allowance Recommendation to Not Let Whales Tip the Scales

Please modify the algorithm to calculate the threshold for 10K at any given time and then not count anything above that for any individual staker.

🎩🔥🖤

I would really like them to consider:
https://warpcast.com/tormential/0xdbe5e0f3

∂αFβγ + ∂βFγα + ∂γFαβ = 0 | Che, boludo! Visit /degen . Disclaimer: My casts are not financial advice! 

Santiago del Estero, Santiago del Estero Province, Argentina

Interesting idea… like ‘loan’ them credibility denominated in degen (so they get tip allowances) and in return take some from the drops they generate. So a yield on staking but using a novel mechanism of @jacek ‘s social proof of work.