Degen

Farcaster

degen and ham chains were mistakes and they set the whole farcaster ecosystem back

im posting this after reaching out to @jacek and @deployer privately, but since they both answered that they have no plans on sunsetting the chains, i want to give a heads up to all other teams building their economies on farcaster:

don't launch you own chains

1. fc ecosystem only has a chance to work if there is a lot of liquidity in one place
2. separate chains fragment the liquidity and only benefit the passive token holders (less sell pressure) and mev bot operators (arbitrage between chains and pools). actual users pay in UX, mev and fees
3. devs who want to launch integrations with these projects are fucked because most infrastructure providers don't support these small chains

im building supercast wallet and it's beyond frustrating to see how close we were to having something truly great and how much harder it is to build a good UX on top of these projects because they selfishly decided to launch their own chains

1/3 Hey Degens, I wanted to share where we’re heading with the Degen chain and what to expect going forward.

We built the Degen chain to give our community a unique and fun space to build and discover dapps that fit a certain mold. At the same time, having our own chain gives us the flexibility and control to shape it based on the community’s needs.

We’ve heard concerns about liquidity being spread too thin, and we get it.  To address that, we’re working with some of the best teams in the space to roll out a new bridge that’ll make moving $DEGEN and other tokens across chains faster and easier. We’re also bringing in a new DEX to give traders and liquidity providers more options.

Okay first of all nothing is perfect
Sec nothing has been build awesome at first place
Success need time and we are so early
I can’t build apps or… but apps need users like us
So if anyone wants to build something just pay attention to what community needs for example the day that drakola came out it was community need we couldn’t upload video here and that brought us to another level
Keep your hats on 🎩 
We are not done yet