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

Hard agree. Keep your experiments small, so if they are invalidated you can kill them early or iterate. I would even go further and argue in this case the idea should not have left the product discovery phase. There were already hairy, tricky assumptions that could have been looked into first. I also think there was misaligned incentives of the third parties pushing their shops on an overwhelmed Dev at that time. The most stupid mistakes are made in bull Euphoria.