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​woj
@woj.eth
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
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tldr (tim reilly)
@tldr
Still love degen of course, but from someone building on top of it I agree with this take. Degen chain has only caused us headaches, not upside. Would be curious what @kenny thinks as a builder who actually integrated degen chain into a working product.
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kenny 🎩
@kenny
couldn't be happier with Degen Chain! we've had almost 1000 unique users on there, it's crushed Base for me as a builder with extremely limited resources Degen Chain was also the only way I could've ever made poidh interact with DEGEN if I didn't have a chain that used it as the native gas token, I would've had to completely rewrite our contracts from scratch https://warpcast.com/kenny/0x1ad5feae
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tldr (tim reilly)
@tldr
Thanks man - great to hear. It sounds like the big value add for you was letting degen-native users make their transactions fully in degen (without you having to sponsor them)?
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kenny 🎩
@kenny
I think the big thing was more "psychological" than anything else people just like a bounty for "1000 DEGEN" more than ".003 ETH" and since the way our contracts work for security reason is only a gas token can be the bounty, we never would've had the unlock of better unit bias bounties without Degen Chain
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y0b
@y0b
Follow Zora's lead and rename them "sparks" or something 🙃
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kenny 🎩
@kenny
lol not a terrible idea if sparks catches on
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