$DEGEN

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 :)

I was very confused by @woj.eth's post about earning a 300% APY on my LDEGEN, because I'm not earning any APY on mine... 

Then I had a look at the leaderboard: https://www.degen.tips/airdrop2/current

and noticed that @devilsangjin (rank 3 currently) + @yousangjin seem to be doing a great job of earning that 300% APY by tipping each other their full allowance each day.

So, is starting a Tip cabal OK for season 6? 🤔

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Tipping rings (or buddies in this case) have always been a thing on fc.. I honestly don’t think there’s a real way to stop it either. The more scarce the daily allo is the more prevalent they’ll become imo..

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Nah, calling it out and reporting it stops it IMO. 

Also, this data is very very easy to find.