Degen

$DEGEN isn't a memecoin

This is serious! Drakula reveals $DEGEN's value as a key circulating currency within FC ecosystem. It's already essential for motivating the creator economy, we're likely to see more applications embrace $DEGEN, driving its circulation and popularity. 

Let's get $DEGEN rolling and trending!

Farcaster's open framework and composability provide apps with the crucial on-chain social graph they need for a cold start, while $DEGEN could serve as FC ecosystem's native circulating currency, offering the liquidity essential for app cold starts. 

Farcaster + App Legos + $DEGEN economics = Onchain Social Summer.

crypto-anarchist · onchain social explorer, advisor · spread FC gospel in /chinese community · curate SocialSight.telegram· write 0xluo.xyz · host /luo ·中文 @luo

While the rest of crypto has been wringing its hands over speculative memecoins, this space has been running a bold experiment that puts on display the composability, transparency and inclusive capitalism of crypto. And much of it leans on the clever repurposing of that same crypto primitive, the common meme