Varun Srinivasan
@v
Cash out Warps to USDC! Starting tomorrow, you'll be able to cash out warps that you've purchased into USDC in your warplet. This is a one-time promotion to make it easier to fund your warpcast wallet. You won't be able to cash out warps that you've received as a gift from others.
29 replies
39 recasts
298 reactions
Varun Srinivasan
@v
Are warps being deprecated? You still need warps to gift invites and purchase channels for now. In the long run, we hope to move all of these over to onchain payments, but for now we'll keep using warps for them.
1 reply
1 recast
18 reactions
Varun Srinivasan
@v
Why can't I cash out all my warps? You can only cash out warps that you've purchased. If someone else sent you warps, you can't cash that out at this time because we have to do additional paperwork (e.g might need 1099 in the USA) . Will support this in the future.
1 reply
0 recast
16 reactions
Varun Srinivasan
@v
Why is it one-time only? It was the fastest thing to ship and helps 99% of users. May consider making this an ongoing feature in the future if there is demand.
0 reply
0 recast
18 reactions