Content
@
0 reply
18 recasts
21 reactions
eggman 🔵
@eggman.eth
gm frens! rain 2000 $degen Continuing on yesterday's chat re: allowances, OpenRank, and Staking Lot of great points made - but one thing I'd kindly ask others not to do; pls do not tag jacek or wake (note how I'm not @'ing them) just to.. uh, throw abuse at them. It's extremely uncool, and un-degen. And majorly un-frenlike. Experimentation towards the allowance mechanics - yes they can be frustrating (I had 5 degen allowance one szn), but this experimentation and play MUST happen. The alternative is stagnation/going to zero. If you were a big recipient of tips prior but insta-sold them/don't want to stake any, being honest - that's on you. You picked a cash payout over rolling into an allowance; nothing wrong with that at all, but hodl mechanics/rewards exist for a reason. Skin in the game trumps all. I want to see a system where new and influential users can still build up good allowances via OpenRank, but skin in the game should still be a massive factor imo. Incentive to hodl/stake is v important.
79 replies
24 recasts
70 reactions
Write{HER}
@writingtheremedy
Are there a lot of former big allos who cashed out? I wasn’t even aware of that.. Like..What are they even bumping their gums about?? Has the loss of distro-ing someone else’s free money damaged their egos that badly?! Insane.. Crazy how money always finds a way to reveal the heart.. On we go..
1 reply
0 recast
1 reaction
eggman 🔵
@eggman.eth
Yeah, this was a common theme yesterday - would like to see the data behind it personally, but the statement given by other users (not wake/jacek) was that a lot of the largest OR's were insta-selling their tips into eth/usdc. Again, nothing wrong with that - you earned em, do as you wish with 'em But at the same time it does make sense that allowance systems would be adjusted to favour users who haven't (or cannot, in the sense of staking) cause that same level of sell pressure imo. 200 $degen
1 reply
0 recast
2 reactions
