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Nick Ducoff
@stoic
Have there been any good $degen tear downs or write ups about its future?
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Eylon π¨
@eylon.eth
Good write up by @yehoshzl https://designingtokenomics.com/designing-tokenomics-blog/going-degen-the-degen-token-thats-taken-farcaster-by-storm
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Nick Ducoff
@stoic
Thanks. We are currently at the point in time where this article ends. What happens next?
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yehoshzl
@yehoshzl
Hey, I laid out what I think happens at the end - Without generating enough demand via the L3 or other means the tokens supply overwhelms demand, price drops, community values dilute as it grows and weaker hands sell even more. Price drops further and hyper growth reverses until only the core community cares once more.
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