Degen

1/ $DEGEN Tip Allowances & wtf to do? 

Disclaimer: I’m a mere simpleton who gets overly interested in tech so I pasted the "Airdrop 2 Tip Allocations" code into GPT & asked for a summary allocations & how to best increase mine. (All within the parameters of genuine engagement on the platform. NOT farming.)

Cinematographer  |  Code+Photography  | 
https://linktr.ee/andremessina  | 
/selfhelp 

2/ This was my way of understanding how these systems work. @jacek may show up in 5 mins & say that’s not at all how it works. 🤣 

In DEGEN Airdrop 2, users earn points on Farcaster by receiving tips from others. 1 Point = 1 $DEGEN. 

You get a daily tip allowance & get to share that with others on the platform.

farcast

frames

perl

3/ Things to note:
-Tips (within your daily allowance) do not reduce your $DEGEN Balance
-Unused allowance doesn't rollover

Boosts:
Tips on casts in the following channels receive a 1.5x boost: /farcastHER, /FarCon, /frames, /Base, /Dev, /Design, /Frontend, /Founders, /perl, /Product, and /Zora

4/ I'm of the mind that it's better to go through life with an open hand than a clinched fist. The more you reach out & help others, the more likely you are to be presented with good opportunities. 

With that here are some possible way to grow your tip allowance based on GPT summarizing the tip allocation code.

6/ Maintain Activity Over Time: The query includes a "retroactive boost" based on the duration of your activity from your first cast. Long-term, consistent engagement is rewarded, so make it a point to remain active over extended periods.

7/ Engage Daily: The calculation is done daily & stats are aggregated. Ensuring you have some level of activity every day can help maximize rewards.

Aim for Quality: The "median_reactions" metric suggests that not just the quantity but the quality of engagement matters. Focus on creating content that resonates.

8/ Understand Tier Thresholds: The query adjusts median reactions based on cast counts, with specific thresholds (e.g., 50, 100, 500, 1000 casts). Understand these thresholds and plan your activity to reach these levels efficiently.

9/ Leverage Special Dates: I missed the valentines day hat emoji (display name) allowance boost. Look for special opportunities.

Profile and Address Verification: Ensure your profile is complete & verified, including your display name & wallet address. A verified & complete profile is necessary for rewards.

10/ Community Engagement: Beyond posting content, engaging with others’ content & being an active community member can help increase the reactions.

Regular Review: The platform's reward mechanisms might change over time. Regularly review any updates or changes to the calculations to adjust your strategy accordingly.

11/ There you have it. I hope this answered some questions you may have had & helped you gain a better understanding of $DEGEN & how Tip Allowances work.

12/ The info provided in this thread was taken from the degen.tips FAQ and the "Airdrop 2 Tip Allocations" Dune dashboard by @jacek 

GPT was use to dumb down the query into digestable info.

5/ Increase Original Casts: The query calculates rewards based on original casts (posts not in response to others). Aim to consistently create original content on the platform.

Boost Reaction Counts: The more unique reactions, the higher your reward potential. Engage in a way that encourages interaction.

Hi Andre! Great to be back at this informative thread! I'm curious about how to increase my daily allowance. The thread focused on growing tips. Does having a larger $DEGEN balance in my wallet play a role? Since 10k $DEGEN is required for account activation, I'm wondering if there's a connection. 

Thank you!