Degen

Dive into the world of $DEGEN tipping on Farcaster! A fun, rewarding way to say thanks with crypto. Ready to explore how? Follow this thread for the ultimate guide, which should make it easier to understand for people joining Farcaster and how tips work.

Got 10k $DEGEN? Hold it in your wallet for 48hrs + make 3 Casts to unlock DEGEN POINTS for tipping. Use '[amount] $DEGEN' to tip away! Visit https://www.degen.tips/ to see your daily allocation and bridge to degen layer 3

Here for the laughs, the cries and to cheer on the guy who risked his last $100 on a meme coin and made $1 million in 6 hours

What's $DEGEN? An ERC-20 token on Ethereum L2, powering Farcaster's community. It also just launched its own layer 3, using DEGEN as the native currency. Tipping isn't just rewarding; it's a way to distribute $DEGEN among creators of tip-worthy content.

For the more advanced $DEGEN tippers Jeeves and Payment Bot offer a way to add commands and immediate transfers of $DEGEN from your wallet. Start with '@degentip !create' for a wallet, then tip with ease. Or use '@paybot' for direct $DEGEN transfers. It's that simple!

So far we've seen 2 seasons of $DEGEN airdrops and the docs mention a plan for 3 airdrops. Remember when tipping, that you lose nothing by tipping, and each day your $DEGEN tipping allocation will reset. So use it or lose it.

So to make it plain and simple, if you have satisfied the requirements to be able to tip $DEGEN, you simply reply under a cast with a number and $DEGEN "I love this post, blah,blah, etc 100 $degen" - The poster gets a little thank you and you get to share some love and free $DEGEN points.

These points are claimable at the end of the next Airdrop season on degen.tips. You can spread the love at no cost to you but some time. Stay active and enjoy your climb to the top of the leaderboard.

What can $DEGEN be used for? @drakula - a competitor to tiktok uses it for the native currency to pay creators. Aerodrome and Uniswap v3 offer great aprs on lp'ing it. DEGEN L3 seems to be attracting a lot of attention from CT so expect TVL to climb further this week as the infrastructure is built out.

I have been here over a month and didn't understand it So I did this research to help others learn

Thank you, I am new here & this was really helpful. Appreciate it!

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