Farcaster

why have cast, reaction, and link volumes dropped significantly since the ath while farcaster DAUs remaining stable?
reference: https://dune.com/pixelhack/farcaster

I bought $BTC @ $70k - Don't laugh!!

PERLsistent on /perl 🫡
Owner of "Ox 🍖 Diner"

my best guess is less degen farming because allowances changed

At the end of May, we adjusted Degen allowances, removing any incentive for farmers to post.

https://warpcast.com/robrecht/0x21abb482
https://warpcast.com/jacek/0x846d3218

that graph shows you how much and for how long degen allowances were sybil vulnerable and leading to spam on the network. shocked it took that long to change

Building Larry, FOSS via @frames, @framesfun /open-frames to help decentralized social win. a16z CSX23. farcasterchannels.com farcaster.id

maybe you are right but always easier looking back on it