Whales want reasonable return on their assets. We are doing that. Giving a little less on an airdrop won’t make them leave in my opinion. Espcially if their vaults are continued to be incentivized with even more rewards now with a new token.
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Not sure on the arguments for a high market cap. We would need the liquidity to support that, better to start low.
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Good you are right，lol
请问 一直在进行lp挖矿 badger，该怎么领取空投
it actually would be good to have a low supply of DIGG so more DIGG will be issued with a positive rebasing
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They still provide liquidity to the Badger pools, if they sell their Badger for WBTC and do not reinvest in a pool, why reward them for that?
For security reasons I have multiple accounts.
I funnel all the earned badger from my other accounts back to one account for staking.
Let’s call them:
Account A: Main account
Account B, C, D - Sub accounts
Account A will be staking more badger than it has actually earned, how will this affect the 70/30 ratio or whatever is proposed?
Accounts B,C,D will be marked as seller’s since they aren’t staking BADGER, so their DIGG rewards will be diluted.
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thank you for breaking down the numbers like this! seeing the cold hard numbers makes it much easier to think about the possible market effects of 1562.5/6250 initial $digg supply.
2% of TVL/7.7% of TVL
seems as though $digg is likely to see an expansionary phase from the beginning of the airdrop into a few rebases regardless of the initial supply (6250 at the most) due to the lp incentive until it starts getting farmed. who knows tho
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Glad to be able to help clarify, we’re all here trying to figure out what the best path forward is and I’ve been enjoying how responsive and friendly people in this project are.
Good point about LP incentives driving demand for DIGG and leading to expansionary periods. That’ll drive DIGG above peg, leading to a contractionary period which should bring it back in line, I guess the question is how quickly it will be able to return to peg. Important question to ask if you plan on LPing the wBTC<>DIGG pool
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but if they sell it for wbtc and reinvest in the badger-wbtc pool, why penalize them for selling their badger?
They still provide liquidity to the Badger pools, if they sell their Badger for WBTC and do not reinvest in a pool, why reward them for that? If they reinvest they provide liquidity and get rewarded
In light of what’s going on with $BADGER price, would it be possible to tie the DIGG airdrop to $BADGER associated Sett products only?
Or maybe keep emissions exclusive to $BADGER associated Sett products for the first X amount of weeks? What would the drawbacks be with doing something like this?
Value derived from $BADGER is its position as the token for governance and I get that. But we early supporters gotta eat!
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I agree with a focus on Badger and Badger/wbtc uni setts getting higher priority.
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Folks need to have a fiduciary reason to acquire and hold $BADGER.
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Not necessarily. It could be that people are interested in the governance of the project.
It is a DAO token after all.
whats the price prediction depending on supply? new bee here. i thought price would be same regardless of initial token distribution.
There has been tremendous discussion in this thread. I will be tentatively “Rejecting” this BIP as it’s clear that there is not a consensus yet. However, please rest assured that the Digg team led by Product Manager @jonto has kept up to speed on all discussions (in addition to more discussions in discord) and will be modeling out a distribution framework as fair as possible. Please look out for additional details.
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thanks for cleaning up the forum 
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If the issue is how to sustain $BADGER price on the long run, a simple trick would be to have a small fraction of e.g. withdrawal fees be allocated to for $BADGER holders — something similar to what 1inch did.
It seems 95% of people here initially voted in favour of this BIP, with many pointing that the system was both fair and beautifully simple. I strongly support it, and imho any further distribution mechanism will create new unsatisfied people, as everyone’s trying to pull the blanket.
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