Farcaster

What’s something confusing about Farcaster relative to other social networks you use?

Can be a feature, jargon, cultural norm, etc.

Will try my best to explain.

No explanation of how tipping, allowances, warps work.

Art enthusiast. Entrepreneur. Living on an island in the mediterranean.
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Agree. I am guessing $degen is a layer on top of FC and not part of the protocol

Chaotic neutral technorati. Hard determinist machiavellian. Tight aggressive numbers man. Backbench electoral plumber. Black hat. Black tie. Damn good too

Bought some degen a while ago, but still have no idea how to tip. 😀

And that will just show up in my wallet, then? 10 $DEGEN back to you.

And does this mean tomorrow you will both have more degen allowance because you both gave some away?

Not quite how it works. The tokens we tip eachother don’t actually move between wallets. You need to claim them later (I think you can do this monthly, might be wrong though).

Your allocation increases as your usage and engagement does.

educational

@hyle suggested I post this here: I did an extreme deep dive into the DEGEN Tips allowance algorithm, and wrote up an FAQ. There's even a simulation on Desmos with all the equations loaded. Some surprises: you can overtip 3%, there's an age boost, cast count matters! https://paragraph.xyz/@rjs/degen-tips-ultimate-faq

Good deep dive here - https://warpcast.com/rjs/0x1f23893b