Degen

Daily Discussion Thread - /degen - February 28, 2025

If you used to tip $DEGEN regularly but have slowed down or stopped, what changed? What would make tipping exciting or worthwhile for you again?

$DEGEN vault movement through season 13.
-negative inflow every day: -96M degen unlocked so far.
-16.8M tipped (out of 28M) so far. That's 60% tip usage.

what changed? (Imho, being a degen lover).
-locking your bags without clear rules: last minute bans, global daily allowance cut down from 5M to 1M.
-people don't use their allowance for fear of being banned.

I've invested 7k usdc into degen (550k degen), being my currently allowance 590 degen per day. I wonder how fun the tipping game is for those who cannot afford a large investment: tipping 20 degen (0.07 usdc) is bored.

I wonder: what is the advantage of locking degen into the vault?

Main advantage to me is it’s locked. I can’t do anything with it AND others know it

20 $DEGEN

Whatever your decentralized, borderless, neutral, censorship-resistant open blockchain question is, the answer is YES… to Crypto!

Most everything in my trading wallet is subject to be traded.  If I want to keep it, it either gets locked (hedgey, vaults) or gets transferred to hardware wallet(s)

One of my trading rules that I try to honor is “only buy something when you have a sell price decided”. This means writing it down 

That’s why I sold $DEGEN on way up and rebought on the way down. I’ll swing trade DEGEN with the goal of accumulating more DEGEN in the long term

What would you do if you had it in your wallet?