F A R T H E R ✨

Farcaster

Exciting changes coming to /farther. I think it sounds like a great idea! Incentivizing people to help others grow is such a great idea for /farcaster. 

I love what you’ve been cooking @gigamesh!

musician: gigameshmusic.com | dev: github.com/gigamesh

Exciting changes coming to /farther. I think it sounds like a great idea! Incentivizing people to help others grow is such a great idea for /farcaster. 

I love what you’ve been cooking @gigamesh! 

https://paragraph.xyz/@farther/farther-v2

Farther V2 starts Aug 1, and I couldn't be more excited! 

What's new?

1) Tip Scores = ($farther tip amount) * (% change in engagement score since the tip * 10,000) i.e., If I tip 150 $farther and the tip recipient's engagement score goes up by 0.03% (score is updated every 6 hours by OpenRank), then my tip score is 450.  (150) * (0.03% * 10000) = 450 tip score

2) Tipper Scores = The average of all Tip Scores. At the end of the szn, tippers with positive scores receive a share of a rewards pool proportional to their score.

3) Rewards pool: The monthly rewards pool starts at 1m $farther.

4) Same daily allowance for everyone: this season is focused on tipper score and rewards.

5) No tip restrictions.

6) Tip recipients must have >100 followers to prevent farming.

7) The daily allowance targets $3000 worth of $farther, adjusted based on token price at reset.

What's the same?

1) A balance of 100k is required to receive a tip allowance.

Lmk if anything needs to be corrected! cc @gigamesh @farther

You beat me to it while I was typing it out! :P

You beat me to it while I was typing it out! :P
https://warpcast.com/nikdmello.eth/0xa8681f28

Building /fc-africa while being the greatest GYM CHAD you’ve ever seen. /ftc

What do you mean, affect a group of people first?

Yeahh
I had same thought
Although it seems like it could affect a group of people first

But it's better for farcaster users

crypto dad /cryptodads - Lucky Husband, Blessed Father & Based Dev for CryptoDads 🔨🔵🟡

Yeah, I like that it is so closely aligned with the goals of Farcaster. Promoting and helping retain new users.

Love the new approach, might have to jump into farther

Playing slots, gambling, betting on sports.

Yeah, and then also keeping them here which is the really hard part I think. 

I am definitely going to be shooting for a big part of that prize pool! :P

I did see that. Looks like they really want to incentivize bringing in new people.

Its a Good update bro, it will help lower ranks to get visibility. Specially the scoring mechanism they provided. Hope we can join next season

Yes it's very good idea friend
Let's go farther together ✨✨

No one cares about your story until the Win ,
So Win !

No you kinda misunderstood.

@nikomfer.eth wrote a better cast explaining it than I can.

It means your allowance depends on your open rank , and your claimable airdrop also depends on how much your open ranked has increased depends on your activity during the season,
Am I understand right ?

No you kinda misunderstood.nn@nikdmello.eth wrote a better cast explaining it than I can.