Interesting thought and possibility and I assume something that was done in alignment with Sushi so I can see there might be a method to the madness. 
2 Likes
is there still a 30% boost for today?
will there be DIGG rewards during week 3?
Iām only in the Badger sett so I donāt like losing that much emission either, however I will stay put because of the multiplier and DIGG coming. I understand having to incentivize two new setts I just wish it was less of a drop from badger sett.
2 Likes
I like this idea of incentivizing the badger/eth pool instead of the wbtc/eth.
2 Likes
Good point, I wonder how everyone else feels about the 21,000,000 number. I would be ok with being flexible with it if it help keep locked into the Badger ecosystem.
1 Like
the badger/eth pool seems off brand to me, why would we have a pool not related to btc?
i would be ok if this number was lower but not higher
2 Likes
What do you think about yieldinfoās thoughts about extending the emissions? do you think there is a risk of people pulling out funds once badger is no longer being distributed?
1 Like
if the extention comes through means other than increasing the cap i am ok with that
2 Likes
Iām actually growing quite frustrated with this. Not everyone has thousands of dollars to throw around, but of course we all want to get where you all are. Transaction fees alone have eaten all of my gains from staking and without the further incentivized LP sett, youāre talking a crapload of even more fees when I unstake/stake several different times to join the newly incentivized setts. Iām a believer in this project, but am beginning to see that itās really only for those with higher levels of capital. I saw somewhere that it was created for both whales and guppies, but explain to me how in the world I couldāve ever had a chance at getting any of the real meme nft mining rewards without thousands of more dollars to stake. I had to take out a loan just to participate in the nft mining. My point is, itās becoming clear that the game theory behind all of this is definitely not level across the playing field. Unless Iāve misread the intent of this platform, Iād say the core game theory needs readjusted.
1 Like
please dont take out loans to participate in crypto. none of my business, but ive seen plenty of people wrecked, and its never fun
2 Likes
damn, increase $badger sett APY in week 3 emissions
2 Likes
I dont think the BADGER sett rewards should be cut that drastically, otherwise it seems OK. But I agree with the sentiment, that especially with the current gas fees this quickly becomes a whale game only. Which I thought was not the pointā¦
Someone needs to explain the x3 multiplier in more detail. Thatās the only thing that could keep badgers in staking. After that itās the 8 weeks cliff thatās the real concern. Curious to see if DIGG can offset this to avoid the fate of farmed tokens.
2 Likes
i would also like more color around general $badger economics. honestly if i could read the contracts i feel like itās all right there but itās like an alien language to me right now
itās a cold world jebert6. many of us here have also been rugged/had bad experiences learning the ropes in defi. badgers stick together tho, ur in the rite place
I thk that badger sett should no be cut as much.
Pershaps 90000 instead of 70000?
1 Like
I agree itās important to design emissions in a way where their isnāt a sharp cut of.
There are a few ways I think we can do that.
- Firstly there is 40% of the supply in treasury that can be used for continued incentives
- we can extend incentives by slowing emissions down
- Institute a buy back program using our treasury and have that compensate per week with the emission reduction.
Through the last 2 practices I think we can extend LM for double the time without touching treasury.
Coupled with that we ofcourse have DIGG to incentivize user deposits.
1 Like
all of us here are at least intermediate defi users compared to what is coming so i like the idea of keeping fixed supply for the sake of the newbies who need to grab a narrative or they wonāt take the leap. but if the system works then the narrative will work so fixed supply might not actually matter