Honestly, I like the direction in which Paradex has moved so far, but I cannot say I understand this move.
$DAVE would be $PURR
$DIME would be $HYPE
Money Badgers / Shizopunks would be Hypurrs (why two collections though? The only possible idea is that Shizopunk branding didn't really hit the nail on the head, so they're trying something else?).
I've never been a fan of two tokens instead of one; it dilutes the precious attention of the platform.
It's true that $PURR almost never went below TGE price, but it's also true that it was really a sideshow compared to $HYPE anyway (up 80% since May 2024, vs up 15x since TGE for HYPE).
Recently, we confirmed @tradeparadex money Badgers NFTs and Dave.
So here is my own speculation:
Dave is the memecoin.
It will be the first tradable pair on the @tradeparadex appchain spot.
It will be distributed based on your share of total XP.
No threshold.
Money Badgers, as the name implies, would be money printers as the main collection of @tradeparadex. I can't even begin to explain the benefits.
They will most likely get a lot of drops from other projects that would be listing on the appchain spot.
Not to mention the possibility of a dime being allocated to them.
They are also the face of Paradex, so I can't even begin to iterate on the value.
For this, I believe an XP threshold would be in place as the supply is limited.
For now, we await more leaks from our overlord @fiddybps1.
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