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382 sats \ 28 replies \ @ek 19 Sep 2024 \ on: SN release: biggest boost wins, 70% of fees to territory founders, 30% sybil fee meta
Example Breakdown of Zaps
100 sat zaps before: 90 sats to receiver (10% sybil fee) + 5 sats (50% territory revenue) + 5 sats (50% rewards)
100 sat zaps now: 70 sats to receiver (30% sybil fee) + 21 sats (70% territory revenue) + 9 sats (30% rewards)
Getting zapped is nerfed, while rewards are powered up.
I'm excited to see how it plays out. That 30% cut is probably going to make it so we stop using zaps for our various pools, which is a little disappointing.
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Yes, that's a valid point. Maybe the president doesn't like pools.
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Yeah, for the survivor pools and such that's gonna be interesting. I've added 2k to 5k sats to pools I don't even particularly take part of. What's a work around do you think for the pools and such, which I think are one of the aspects of the community I enjoy the most!
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We'll just have to do lightning invoices and then trust whoever's running the pool to do the accounting honestly.
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I agree but also hate that "trust" haha. The NFL Survivor pool is like 350k sats.
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We can start using ecash for these pools, so at least the rug pull will be indiscriminate 👀
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Either way we're trusting the person to actually pay out. The only real difference would be a lack of transparency about how large the pool is.
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True true. I suppose I had wishful thinking, but I also trust GrayRuby as he has incentives by owning the sports territory. Uneducated question, would DLCs or Cashu/Fedi mints be a solution in the future for something like a trust less pool? I'm not too familiar with either however.
We'd need a zap that doesn't affect ranking so people can pay each other with zaps as if you would when using their lightning address.
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A zap button on our profile solves that.
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👀
Maybe we need to overhaul the lightning address button in every profile. It currently only shows a QR code on press so you can pay using LNURL. It should give more options.
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Having more options in that button will be cool:
- copy address
- copy LNurl
- zap ⚡️
- QR code
- what else?
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- send a message using the lightning address
Yes. I think that's important.
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Yeah. 30% cut on 10k buy in is a bit too much. We will just find another way.
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Thanks for the explanation as this will affect how I arrange pool prizes.
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Thank you for this, it’s very helpful
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Btw, just realized this is a 420% increase in revenue for founders, lol (21/5 = 4.2)
edit: damn math, 4.2 means it's an increase by 320%, not 420% (1.0 would mean no increase)
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It's 420% of the previous income share, though. English to the rescue, where math failed.
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you're streets ahead
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Great phrase: "Streets ahead" is verbal wildfire!
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Pierce Hawthorne
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I would go even further: 50-60 sats to OP and the rest distributed.
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