@dwr.eth drop a pseudo fc memecoin token and settle this fc token question people keep asking. 

>what does it do

nothing

That's OK. Let's do it for him AND align it with "Farcaster to 1B users"

Site: farcoin.xyz
Coin: Farcoin ($FRC)
Frame: frame.farcoin.xyz/api
Value: $FRC holders own a Vault containing 10% of all Likes ever minted.
Idea: Likes as social tokens. Mint whenever someone likes your casts. You're minting *their* social token (each FID has their own currency). Issue yours whenever you like casts.