# DIGG Launch Parameters

**URL:** <https://forum.badger.finance/t/digg-launch-parameters/209>\
**Category:** General Discussion\
**Created:** [December 10, 2020, 10:50pm UTC](https://forum.badger.finance/t/digg-launch-parameters/209 "2020-12-10T22:50:03Z")\
**Posts on this page:** 20\
**Page:** 2

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**Author:** ![Justsomeguy](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.badger.finance/justsomeguy/32/59_2.png) [@Justsomeguy](https://forum.badger.finance/u/Justsomeguy)\
**Post date:** [December 10, 2020, 11:43pm UTC](https://forum.badger.finance/t/digg-launch-parameters/209/21 "2020-12-10T23:43:59Z")

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Agree on not repeating the airdrop. Will reward those that didn’t claim in the first place or just immediately dumped and moved on.

Adding new communities is def something we should consider though.

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**Author:** ![jonto](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.badger.finance/jonto/32/64_2.png) [@jonto](https://forum.badger.finance/u/jonto)\
**Post date:** [December 10, 2020, 11:44pm UTC](https://forum.badger.finance/t/digg-launch-parameters/209/22 "2020-12-10T23:44:29Z")

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Rebases usually dont go untriggered long because bots will rebase and then arb where possible at the same time. the stability of DIGG relative to BTC will have a lot to do with the roadmap and peoples perception of its long term viability.

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**Author:** ![rhorse11](https://avatars.discourse-cdn.com/v4/letter/r/97f17d/32.png) [@rhorse11](https://forum.badger.finance/u/rhorse11)\
**Post date:** [December 10, 2020, 11:45pm UTC](https://forum.badger.finance/t/digg-launch-parameters/209/23 "2020-12-10T23:45:11Z")

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I’m fine with the airdrop plan for $DIGG because it’s a small supply of coins, 50% of which goes treasury. They’ve kept it mostly within the Setts, and that feels right.

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**Author:** ![jonto](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.badger.finance/jonto/32/64_2.png) [@jonto](https://forum.badger.finance/u/jonto)\
**Post date:** [December 10, 2020, 11:45pm UTC](https://forum.badger.finance/t/digg-launch-parameters/209/24 "2020-12-10T23:45:35Z")

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agreed, im open to this as well. like $100 of DIGG, pays back gas and keeps the rebase call tidy

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**Author:** ![jonto](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.badger.finance/jonto/32/64_2.png) [@jonto](https://forum.badger.finance/u/jonto)\
**Post date:** [December 10, 2020, 11:47pm UTC](https://forum.badger.finance/t/digg-launch-parameters/209/25 "2020-12-10T23:47:33Z")

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rough scope it and post something and Id be down to provide feedback. I love balancer! Is AMPL whitelisted for BAL rewards or can it not handle rebasing tokens?

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**Author:** ![faces](https://avatars.discourse-cdn.com/v4/letter/f/a4c791/32.png) [@faces](https://forum.badger.finance/u/faces)\
**Post date:** [December 10, 2020, 11:55pm UTC](https://forum.badger.finance/t/digg-launch-parameters/209/26 "2020-12-10T23:55:38Z")

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Yes I believe the AMPL smartpool on Balancer is incentivized with BAL. From Simon (AMPL):

## Simon | Ampleforth12/07/2020

For participants in the Old Faithful v1 Geyser -the first AMPL/USDC smartpool geyser, on Balancer- The distribution of $BAL just went out. 786 $BAL worth about $11K went out to participants for this weeks distribution!

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**Author:** ![cmosc89](https://avatars.discourse-cdn.com/v4/letter/c/df705f/32.png) [@cmosc89](https://forum.badger.finance/u/cmosc89)\
**Post date:** [December 10, 2020, 11:58pm UTC](https://forum.badger.finance/t/digg-launch-parameters/209/27 "2020-12-10T23:58:04Z")

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I haven’t participated in a rebase concept…am I understanding it correctly that a single individual will be responsible for initiating the rebase? If so I have an idea.

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**Author:** ![faces](https://avatars.discourse-cdn.com/v4/letter/f/a4c791/32.png) [@faces](https://forum.badger.finance/u/faces)\
**Post date:** [December 10, 2020, 11:58pm UTC](https://forum.badger.finance/t/digg-launch-parameters/209/28 "2020-12-10T23:58:36Z")

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No, rebases are platform wide and affect all tokens in the ecosystem regardless of location or status.

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**Author:** ![cmosc89](https://avatars.discourse-cdn.com/v4/letter/c/df705f/32.png) [@cmosc89](https://forum.badger.finance/u/cmosc89)\
**Post date:** [December 10, 2020, 11:59pm UTC](https://forum.badger.finance/t/digg-launch-parameters/209/29 "2020-12-10T23:59:24Z")

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this was from earlier : “At that time someone needs to trigger it and pay the gas for the transaction so while the rebase limit is 24 hours it wont be exact.” Who triggers?

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**Author:** ![CryptoLamer](https://avatars.discourse-cdn.com/v4/letter/c/c67d28/32.png) [@CryptoLamer](https://forum.badger.finance/u/CryptoLamer)\
**Post date:** [December 10, 2020, 11:59pm UTC](https://forum.badger.finance/t/digg-launch-parameters/209/30 "2020-12-10T23:59:39Z")

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> [@DeFiFrog](#):
>
> For the sake of a healthier DeFi ecosystem, I believe that we should help increase the Total Volume of renBTC to have a better balance across products and to support our decentralized Ally, Ren Project. They were one of our earliest Badger Builder partners, and we should look to utilize their assets more frequently.
> 
> A large benefit to doing so is that we will also be able to implement “Native Bitcoin Support” via RenJS and GatewayJS that the Ren team has created. Our goal is to accelerate the use of bitcoin and the development of product/infrastructure of bitcoin on Ethereum; I believe the technology that Ren Project has already built would prove pivotal for our mission as BadgerDAO.

I absolutely agree. Let’s not forget that the owners of wBTC will have the chance to earn $DIGG through Badger/wBTC sett. I also think that Sushiswap will be the better choice, as the pool there could be added to the ONSEN program and earn SUSHI rewards on top of DIGG which will help to attract liquidity.

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**Author:** ![Justsomeguy](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.badger.finance/justsomeguy/32/59_2.png) [@Justsomeguy](https://forum.badger.finance/u/Justsomeguy)\
**Post date:** [December 10, 2020, 11:59pm UTC](https://forum.badger.finance/t/digg-launch-parameters/209/31 "2020-12-10T23:59:48Z")

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yeah, Balancer is great. Remains widely misunderstood in this space though.

Pretty sure AMPL is whitelisted, at least one of it’s pools. Will have to doublecheck that one.

My initial thought is to have Digg, Wbtc, RenBtc, sbtc, tbtc in the pool. Not sure about the weights though, Digg is throwing me off there.

The goal with this idea is 2 parts.

1. creates a pool that will help arb the price of Digg, while providing all badgers an economical place to swap between the different products (could have the fee set pretty low, like 0.1%
2. the pool is bootstrapped by the dao and becomes an LP Sett, while earning Bal tokens as an extra reward

I have this written more in depth on paper, but not home at the moment 🙂

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**Author:** ![wise14life](https://avatars.discourse-cdn.com/v4/letter/w/9de053/32.png) [@wise14life](https://forum.badger.finance/u/wise14life)\
**Post date:** [December 11, 2020, 12:00am UTC](https://forum.badger.finance/t/digg-launch-parameters/209/32 "2020-12-11T00:00:56Z")

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If there will be an airdrop of DIGG it will be fair to include those who claimed the initial Badgerdao airdrop or those who are currently participating in current Badgerdao setts, this way the community will be happy that they are considered first before strategically looking outside to airdrop to non Badgerdao community… This will encourage/promote loyalty !

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**Author:** ![faces](https://avatars.discourse-cdn.com/v4/letter/f/a4c791/32.png) [@faces](https://forum.badger.finance/u/faces)\
**Post date:** [December 11, 2020, 12:02am UTC](https://forum.badger.finance/t/digg-launch-parameters/209/33 "2020-12-11T00:02:36Z")

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I believe those are included under “10% Early users and contributors” in some way/shape/form.

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**Author:** ![bitcoinpalmer](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.badger.finance/bitcoinpalmer/32/964_2.png) [@bitcoinpalmer](https://forum.badger.finance/u/bitcoinpalmer)\
**Post date:** [December 11, 2020, 12:04am UTC](https://forum.badger.finance/t/digg-launch-parameters/209/34 "2020-12-11T00:04:56Z")

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I also am not completely opposed to this - thought the initial drop of badger wasnt claimed by all - its definitely proved beneficial imo. Badger is already very well known which is impressive. up for more discussion but it would be cool to keep this airdrop ( if their was one) for well known rebase coins and their users. Yam, ampl, based, are the first main ones that come to mind. theres been a ton of crap ones launch and definitely wouldnt want to include those.

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**Author:** ![bitcoinpalmer](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.badger.finance/bitcoinpalmer/32/964_2.png) [@bitcoinpalmer](https://forum.badger.finance/u/bitcoinpalmer)\
**Post date:** [December 11, 2020, 12:06am UTC](https://forum.badger.finance/t/digg-launch-parameters/209/35 "2020-12-11T00:06:36Z")

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I like this alot. yet again proving you are not just some guy. very value able member of badger community.

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**Author:** ![jonto](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.badger.finance/jonto/32/64_2.png) [@jonto](https://forum.badger.finance/u/jonto)\
**Post date:** [December 11, 2020, 12:08am UTC](https://forum.badger.finance/t/digg-launch-parameters/209/36 "2020-12-11T00:08:25Z")

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it could be the overweight sett. main question would be ratios and if they should be actively adjusted (smart pool) or fixed (not much flexibility). since they all (except for digg) track each other probably wouldnt be eligible for BAL rewards.

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**Author:** ![bitcoinpalmer](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.badger.finance/bitcoinpalmer/32/964_2.png) [@bitcoinpalmer](https://forum.badger.finance/u/bitcoinpalmer)\
**Post date:** [December 11, 2020, 12:08am UTC](https://forum.badger.finance/t/digg-launch-parameters/209/37 "2020-12-11T00:08:56Z")

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as a fellow ren ambassdor i too would like to see this - but as long as it didnt segregate liquidity to much would like to see both pairings? not an either or? let the users decide where they want to go?

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<div class="post-metadata">

**Author:** ![Justsomeguy](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.badger.finance/justsomeguy/32/59_2.png) [@Justsomeguy](https://forum.badger.finance/u/Justsomeguy)\
**Post date:** [December 11, 2020, 12:11am UTC](https://forum.badger.finance/t/digg-launch-parameters/209/38 "2020-12-11T00:11:01Z")

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Yeah, have been thinking about that too. Getting Digg whitelisted would be a must.

Could also play around with throwing in a really small weight of Badger.

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<div class="post-metadata">

**Author:** ![bitcoinpalmer](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.badger.finance/bitcoinpalmer/32/964_2.png) [@bitcoinpalmer](https://forum.badger.finance/u/bitcoinpalmer)\
**Post date:** [December 11, 2020, 12:11am UTC](https://forum.badger.finance/t/digg-launch-parameters/209/39 "2020-12-11T00:11:58Z")

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Ive got a connection at balancer let me reach out about white listing digg

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**Author:** ![cryptouf](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.badger.finance/cryptouf/32/35_2.png) [@cryptouf](https://forum.badger.finance/u/cryptouf)\
**Post date:** [December 11, 2020, 12:12am UTC](https://forum.badger.finance/t/digg-launch-parameters/209/40 "2020-12-11T00:12:37Z")

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> [@jonto](#):
>
> **Other possible Setts**  
> _availability for launch dependent on complexity/resources to build_
> 
> - Uniswap DIGG/WBTC LP
> - Balancer smart pool (fork of [https://link.medium.com/vxssOWUF5bb](https://link.medium.com/vxssOWUF5bb))
> - Balancer overweight (80/20 WBTC/DIGG) LP
> - Rebalancer Sett (sells on positive rebases, buys on negative, still being scoped)
> 
> Please discuss and we can then take any changes/additions through voting to include.

> [@DeFiFrog](#):
>
> 1. What are you thinking for the emissions rate per Sett?
> 
> This will be a key factor for us to assure the sustainable launch and adoption of $DIGG. Let’s make sure we try our best to model out different scenarios as it relates to community sentiment/adoption + where bitcoin’s sentiment is at around time of launch. Launching during high volatility (of course unpredictable) could prove deadly.

Yes i also think it’s key here. The more pool ,the more people targeted but also the more diluted rewards. Maybe should focus 1 pool for each big protocol.

> [@jonto](#):
>
> i would avoid doing the entire airdrop again as many people didnt claim. If there are some strategic groups you think would be useful to include (AMPL, YAM, BASED holders) then it can be discussed to include them.

If they didn’t claim it’s not lost. And it’s even better. The goal of the first airdrop was to create a good community

I have a more technical question @jonto. What is the risk if we don’t only start the rebase after few days ?

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