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wake 🎩
@wake.eth
re, allowance lending, I figure there are two directions to go: manual or automatic. for manual, I choose the tipping delegates and we grow The Society of Wise Tippers slowly, one by one. Else, automatic and delegates opt-in via some front end. There should be terms, too. Tippers should agree to donate some percentage to me, for taking the risk, and to Degenpad to reliably fund new projects.
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Zach Lipp
@zachlipp
It definitely makes sense that if your lent degen led to a much higher allocation for someone, that a chunk of that allocation goes back to you for providing that leverage and for the risk of your capital allocation, will definitely be fascinating to see all the ways that the degen game changes the next season, I’m definitely very curious to see how different staking amounts contribute to a shift in the ranks and allocations, I wonder how much it will change or if it will just feel similar to what it is currently, I do like the idea of being rewarded for skin in the game, I just wonder how steep the drop will be between each tier 100 $degen
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wake 🎩
@wake.eth
also as a proof of concept. IF the project has enough participants and the yield back is stable/ adequate, other wallets might want to lend their degen for a taste of that, growing the system without me monopolizing it. APR would be low and need to complete with other lending platforms, but that could be a neat new defi setup to play with.
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Zach Lipp
@zachlipp
wild to think about it as a formal setup, I’m curious to see how much staking a larger amount of degen like 1Mil would increase someone’s allocation compared to staking 100K degen, once we know this, then it’s probably easier to figure out the math as to what sort of return would make sense, I suppose that this could be another way to potentially increase the amount of degen that gets locked up too if people decide that it makes sense to leverage their degen in this way 50 $degen
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