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Dan Romero
@dwr.eth
Under-developed idea If you really wanted to compete with Venmo / CashApp / Zelle in the US with @base and USDC. 1. Allow any wallet or payments app (e.g. @daimo) to opt-in to the program 2. Require a reasonable proof-of-humanity / KYC attestation, e.g. Coinbase Verify coinbase.com/onchain-verify 3. Any time you pay someone new you get a $1 trading fee credit on Coinbase.com. If you refer someone to Base for payments (and they use your referral link for the attestation) you get $0.10 for each new connection made for referrals. The wallet or payment app gets $0.01. 4. Periodically disqualify any clear sybil rings. Why does this work? Similar to Zora rewards, you're incentivizing people overcome the friction for getting set up. You give wallets and payment apps (which don't have a great monetization path beyond swaps) incentive to push Base / USDC as payment option. You could also do this with DAI and a more decentralized stack, but harder to coordinate.
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jesse.base.eth 🔵
@jessepollak
100% agreed - it's time for referral driven growth!
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Ese 🌳
@esss
I’m sure @zemm , @pentacle.eth and the yearn team could help with that, they’re hard users of all kinds of decentralized stable coins, at least they used to have many vaults running on dai if I remember correctly
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boscolo.eth
@boscolo.eth
I love this idea! ❤️ But, could we please enable shielded transactions before turning on this flywheel?
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vrypan |--o--|
@vrypan.eth
I like the "under-developed idea" tag. 🙏 (Applies to 99% of what I share, makes my life much easier)
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Gambino
@greatgambino.eth
I like this idea
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helladj™
@helladj.eth
Jesse be like yeah that’s cool another strawberry daiquiri, please… and a club sandwich with some french fries 
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CasterBites
@casterbites
Your cast is making waves! It's been curated by @tuangg and showcased on https://casterbites.com/bites. Keep inspiring the Farcaster community! Remember, any Farcaster user can send and vote for the best casts of the day
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comm intern
@comm.eth
@kaitocunningham
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