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Do Kwon 🌕
@stablekwon
1/ How can DAOs get more users? 🧵
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Valkyrie Protocol
@valkyrie_money
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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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Do Kwon 🌕
@stablekwon
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.
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Bobby
@Bobby51084319
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
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Do Kwon 🌕
@stablekwon
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
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Bobby
@Bobby51084319
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…
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Bobby
@Bobby51084319
Replying to
@stablekwon
and
@ryanology045
🤣🤣🤣 I know you do, hence why 97% of my net worth is in LUNA / MIR / ANC. I just come from a TradFi banking background where there is seemingly more urgency to close deals (ship product) than appears at Anchor, for example.. Genuinely curious what team has been doing… bSOL?
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