Warpcast

Warp cast weekly rewards now include channels! 

Leads of channels created after permissionless with > 50 followers get a reward based on: 

- Casts, likes and recasts (with a bonus for unique users)
- Quality of users (their engagement:report ratio)
- Rate of growth (number of  people are joining)

Technowatermelon. Elder Millenial. Building Farcaster. 

nf.td/varun

Rewards require your channel to have at least 50 followers and to have been created after permissionless launch. 

We did the latter to be fair to newer channels which have had less time to acquire a following, and we'll likely change it in the future.

Our goal is to send a portion of the channel warp fees back to the most successful channels each week. 

If you're spending time and energy creating something that people on Farcaster want, we want you to be rewarded for it!

Rewards will go out in 24 hours and: 

- Top 30% channels get 200 points
- Middle 30% get 100 points
- Last 40% get 50 points

Love this. Wish I could redistribute it evenly (not 100 warp tranches) amongst people active in the channels.

all benevolent dictators of channels: take those warps and do the right thing by rewarding your channel's loyal/active/value-adding users .

Philosopher ✨ and Meme Lord 👑.

Periodically Offensive 🔥

I’m hopeful it will increase high quality channels

You guys created a beautiful platform. Why we are corrupting it with rewards for engagement.

It will increase spam - isn't it?

Low quality engagement will corrupt the platform with noise followed by chaos.

😔👀

building /gmfarcaster network |
blockchain ENT prof |  ⌐◧-◧ Nouncillor, Nouner, BuilderDAO community resident /builder |

https://www.gmfarcaster.com/ 