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https://warpcast.com/~/channel/degentokenbase
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woj
@woj.eth
im a big fan of the recent degen tipping changes 1. deriving tipping allowance from a combo of locking the token and the social graph strength feels like a really elegant solution to reward people with real skin in the game 2. it's much less farmable, yet the numbers are still really solid (~300 APY atm) 3. degen tipping remains the best growth strategy on farcaster — lots of supercast users got more in degen tips than they ever paid for supercast 4. it's not clear yet, but the branding really improves — i was disappointed with the ai images and begging meta before. Now the vibe it's closer to actually rewarding valuable contributions to the network. 5. having a predictable emission budget is great too and makes the token much more sustainable over the long run im currently locking 500k degen and will look later how can i bring it to the max 10k allo imo @jacek did a great job with this one — im excited to release more degen related features in supercast soon :)
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wake
@wake
what improvements would you recommend (long term)? 420 $DEGEN
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woj
@woj.eth
1. find the minimal number that feels good to tip (for me, $10) 2. maximize the number of people who can tip this number ~weekly. rolling over the daily allo helps 3. allow whales to lock big money (>$10k) to have a whale allo (like $100 daily) 4. the system should maximize awareness while minimizing the issuance @jacek has been doing great on the iteration speed so far, monthly cadence under such pressure and with so much money on the line is incredible
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RJ (replyor)
@shulzzz
they need to fix the "number go down" issue. just a psychology thing. checking every night to see "how bad is it today?" will eventually grind on people. to address this, you seemingly need to get more money into the openrank allowance pool somehow. this also balances "skin in the game" with engagement. some ideas to do this: - take from staking pool - increase openrank allowance - let people rollover unused degen to the next day, keep 20% for the house, and redistribute it - unused degen from overstakers. like above, maybe they get a % of the balance they're not getting and the rest goes back into the pool. - take from unused openrank bonuses - redistribute degen clawed back from scammers - scale pools up as the locked amount goes up just a few ideas. any thoughts?
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