Conversation

Do Kwon

@stablekwon

Oct 13, 2021

1/ How can DAOs get more users? 🧵

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Valkyrie Protocol

@valkyrie_money

· Oct 11, 2021

1/ As Valkyrie launches in two days, we’re thrilled to announce the upcoming first “Share2Earn” campaign on Valkyrie Protocol! Campaign begins: Oct. 13, 12PM UTC

medium.com/@valkyrie-prot

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was founded on the insight that while capital is mercenary, users are not

Do Kwon

@stablekwon

Oct 13, 2021

3/ dapps today overspend on user acquisition through liquidity farming or staking - when opportunity cost rises (rewards decrease or theres another farm elsewhere) farmers leave. This is not necessarily conducive to building a longterm loyal community.

Bobby

@Bobby51084319

Oct 13, 2021

This all makes sense but MIR / ANC (two projects you’ve been involved in) have some of the worst token design / emissions. And while active users (me) ask the devs to fix,

@ryanology045

and team have done literally nothing in 6 months

Replying to

and

You're partly right - think saying ANC and MIR have the "worst" emission designs is going very far, but if we were launching today we would have designed rewards a bit more intelligently I've been thinking about calculating a "loyalty score" on chain to filter bad behavior

4:31 AM · Oct 13, 2021Twitter Web App

Replying to

and

I said “some of the worst” design because surely it could be worst. Why not just submit a proposal to adjust emissions and incentive holding / staking ANC / MIR? I’m HODLing both because the long-term value prop is clear but frustrating when it seems like devs don’t care…