Slim

@slimboss

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Jacek.degen.eth 🎩 pfp

Jacek.degen.eth 🎩

1️⃣ The Lockup Vault – A Bad Deal for DEGEN? The vault was designed to require users to hold DEGEN in order to receive daily tipping allowances. The idea was that this would reduce sell pressure and incentivize long-term commitment. But the numbers tell a different story: • Right now, a 1.9M DEGEN deposit gives you a 10K DEGEN daily tip allowance • If fully farmed over a year, this results in an APR of 184% 😳 • That’s a massive ROI for a short lockup, creating huge inflation in the ecosystem This raises a key question: Are we getting enough back for giving out these rewards? Right now, it looks like the system is disproportionately benefiting farmers rather than long-term ecosystem participants.

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Jacek.degen.eth 🎩 pfp

Jacek.degen.eth 🎩

GN Degens, Bans Update We're applying bans as we wrap up Season 12. In Season 13, all bans will be reset, giving everyone a fresh opportunity to earn tips. At the end of each season, we'll reevaluate activity using a rule-based analysis of our choosing to weed out behavior that closely aligns with farming. To prevent gaming the system, we won't announce rules in advance but will use various techniques to monitor how tips are being distributed.

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Jacek.degen.eth 🎩 pfp

Jacek.degen.eth 🎩

GM Degens! The $DEGEN Airdrop 2 program alone has distributed 3.8B $DEGEN (worth $42.7M) to 54.7k wallets in under a year. That’s an average payout of $779.5 per user. 🎉 But how does that compare to payouts from Web2 platforms like Twitter, Facebook, and YouTube? Let’s dive in! ⬇️

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Filipe Macedo pfp

$BUILD is now a public good and 100% community-owned. 🫡 163B $BUILD airdropped to 40K+ members 🫡 16 ETH added as liquidity on Uniswap 🫡 380B $BUILD burned No treasury, no gatekeepers—just builders supporting other builders. Read the full update below and LFB! https://paragraph.xyz/@macedo/build-public-good—airdropping-163b-dollarbuild

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Dan Romero pfp

What's on your mind re: Farcaster? Where can I share additional context / thinking?

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Dan Romero pfp

Our priorities this week -- they remain the same 1. Better onchain UX in frames 2. Improved invite flow / cheaper sign ups 3. Snapchain 4. App performance / bug fixes

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Dan Romero pfp

We’re thrilled the Base team is building a Farcaster feed into Coinbase Wallet! What will this mean? - Every cast has a bigger audience - Developers can reach even more people with their frames - Another well-resourced client building on the protocol

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Dan Romero pfp

Why Base building on Farcaster matters Bigger audience — your casts can reach more people without having to sign up for another app or social network. Larger market for developers — Coinbase Wallet's large existing userbase can easily use frames and complete onchain transactions with their embedded wallet. Ship a frame and immediately go live in multiple apps. Increased choice — Coinbase Wallet will offer people another great option to use Farcaster.

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woj pfp

announcement time: super is joining warpcast we are joining forces with @dwr.eth and @v to build farcaster into the most important social network on the planet, together farcaster has never been stronger and i’m grateful for everyone who helped us get here below is the story and what is happening next

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Dan Romero pfp

Our current plan 1. Grow the number of daily active users on Farcaster 2. This benefits creators because they have a larger potential audience 3. This also benefits developers because they have a large potential user base 4. Super joining Warpcast allows us to invest more time on growth (no. 1) 5. Base bringing Farcaster into Coinbase Wallet—an app that has millions of existing users—helps with growth (no. 1) 6. We’re working on several big growth initiatives—both product-led (Woj will be helping with this!) and marketing / sales led (more announcements here soon!) 7. We’re investing more time in outbound messaging. You’ve likely seen our X / Twitter account get more active recently. Will be doing more here as well.

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Dan Romero pfp

Super excited to have @ted join the team! She took a bet on Farcaster early, did an amazing job with FarCon, Dev Day and a bunch of other growth initiatives last year. She's going to be working with me to help accelerate growth and outbound marketing. LFG!

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Dan Romero pfp

Semi-regular Warpcast annoyances thread If you were BDFOWF, what would you have us work on? BDFOWF = benevolent dictator for one warpcast feature The more specific the ask, the better!

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Dan Romero pfp

What are you most frustrated about re: Farcaster? If you could change one thing—what would it be and how would you do it?

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Slim pfp

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Dan Romero pfp

And to be clear: Ethereum to start is fine. Ideally, Ethereum (across L1 and L2s) and then Solana.

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Dan Romero pfp

Farcaster dry powder * Problem What is the aggregate dollar value of crypto assets ("dry powder") held in all protocol-linked addresses? * Output 1. A GitHub repo / gist with a reproducible script (assume API key) to generate the figure; include instructions for how to run, avoid rate limits, etc. 2. Tiebreaker: a good Dune dashboard with the figure * Criteria Bias for first correct submission, but will give everyone at least 24 hours to submit before making a decision. * Amount 500 USDC @bountycaster

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Slim pfp

This is great 😃👍

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Samuel ツ pfp

@samuellhuber.eth

hello from super :)

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jesse.base.eth 🔵 pfp

jesse.base.eth 🔵

hello from coinbase wallet

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kompreni 🚂 pfp

I scraped Farcaster data and found 400k+ addresses with 40k+ ETH on Mainnet and Base. No other social network has $120M in "dry powder." Yet by crypto standards, we have so much room to grow. Announcing /warpcash, an airdrop for all users with ETH addresses on Farcaster. https://warped.art/airdrop

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