The Case for Discount Tickets
The Discount Ticket model is designed to eliminate the problems plaguing the airdrop system. In this sense, the Discount Ticket system will benefit long-term holders over mercenary capital and sybils. It is financially positive for the protocol and this means that incentive programs can continue longer which is a net positive for the users. In addition to this, unlike the airdrop system, it doesn’t create a selling pressure that puts the protocol’s future at risk.
The airdrop system was a successful method of rewarding early users in the early cycle of the crypto ecosystem. However, the market is over-saturated, and there are many protocols launching airdrop programs hoping it will attract liquidity, users and help them to find PMF. However, with recent airdrops, we have seen that this method is no longer sustainable and should be put to an end.
Stable Jack is here to innovate. We believe that the airdrop system is a rug game for retail and early contributors, and we won’t play that game.