Degen

PSA: For a tipping allowance, you need to have at least 10000 $DEGEN in your Farcaster connected wallet (on Base).

> If that balance drops below 10000 $DEGEN for any reason, your sent tips will be invalidated.

> You must keep the 10000 $DEGEN balance until that claim cycle's snapshot.

It's a big responsibility 🎩

Keep those keys safe friends - if you get drained, all your tips get drained too

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The tips you sent OTHERS is what's invalidated. Not what you've received. That only requires a connected wallet.

Sorry if that was confusing, was thinking about one of my friends who got hacked and lost his funds this week and how not only did he lose all his DEGEN but everyone he had tipped this month had lost those received tips too. 

What would happen if he bought a new 10k stack - those first tips are gone forever yeah?

Yep, still gone. Need to hold it for the duration, I'm afraid.

Yeah that’s what I thought - extra vigilant always

Yeah I’m (knock on wood) pretty tame when it comes to wallet degeneracy & I def spread it around. I think problem brewing is: more spaces on FC are token gated & as those tokens go up in value, you end up keeping more than you’d like in one place. Maybe solution is to use custodial FC wallet? Is that ever exposed?

It's an imperfect fit: the allowance is required to limit bot overrun. But that puts even more onus on the human participant and their wallet hygiene.

For high risk users, I recommend the usual wallet segmentation, as well as a special purpose wallet for Warpcast (and 10k tokens).