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You are allowed to donate more than the badge itself is worth, but it has no additional rewards.
And if I understand how the purchases work, you could actually obtain multiple of the same badge, then hold on to the humble bun…
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I think we're looking at a not-quite 50/50 split on Shadow-and-above donors versus Diamond-and-below. Considering the Onos badges were $333, Diamond-and-below is probably the larger group.