LFG. The big bug is fixed for 80% of stakes and the degen is flowing, and we’ve fixed the cashback data on channel pages.

Thanks to all for your incredible support and patience while we fixed this rocketship midflight.

Now that’s out of the way we have some incredibly cool and much asked-for updates to announce.

Serious question: when popular channels make a lot of profit, does this means that many people are losing money? If everyone is trying to be in profit, isn’t that impossible without some people losing money?

founder of /cryptoart-school and /stellabelle 🐇 Gigatura launches 🚀 July 14 

This is a very good point though. I think the answer would be found in a dune dashboard showing how many 1500 accounts are in profit vs how many 500 accounts are in profit.

growth @teller





























































hosting /kieran /erc20 /usdc /loans 

i believe that the Alfafrens system relies on noobs losing money, because all the emphasis from what i see is on getting in profit, not loss…..But loss from some people is what gives profits to popular accounts.

I don’t think it’s noobs. It’s just how the current meta is. When degen is worth a lot more I think this will flip 180. 

My issue was claiming and using the app too much early on when earnings were capped but spending wasnt. I’m like $6000 down from gas so I’ll probably always be in negative.

So ya i guess I was a noob and lost money so not wrong hahaha

I don’t think AF is a bad ponzi or predatory this is just because of the current meta and farming. What the team is doing is balancing the app to work correctly in the future and that’s what’s important. It’s just learning and growing.

oh crap! Yeah i’m very bullish on the price of $degen say in one year if Farcaster continues to grow DAU. If Farcaster succeeds then there will naturally be a lot of attention on these dapps. I chose AF over Hypersub bc people like games and AF for most is complex and more exciting