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Sid
@sidshekhar
gm With warpcast rolling out native base USDC payments to Farcaster accounts last week, I decided to take a look at how much USDC has been sent between Farcaster users over time (looking at transfers onchain between verified addresses) In total over $1.45M USDC has been sent between FC users (since Sept 2023) Some takeaways: - March seems to have been the biggest month both from the amount of USDC flows between accounts and the number of transfers overall. Any ideas what drove this? - @bountycaster rewards account for a significant portion of large user to user transactions (100 USDC and above) - The latest native payments feature hasn't made a big bump in numbers yet. Full Dune Dashboard: https://dune.com/sidshekhar24/farcaster-base-usdc-transfers
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tani
@tanishq
love the deep down! however, I feel the correlation doesn’t really constrain to FC, so difficult to map direct causality of transfers with FC? for eg, I use my primary wallet as verified wallet, and I use it to make transactions outside of it too
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Sid
@sidshekhar
ty! do you send to other FC users with your primary wallet? this is only user to user flows
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