Decent Rewards Top Users with $DEGEN Token
Decent Rewards Top Users with $DEGEN Token
馃 Crypto Rewards Bonanza
Decent, a prominent player in the cryptocurrency space, has announced that it will be distributing its native $DEGEN token to some of the most active users on the Degen chain. This move is seen as a way to incentivize and reward valuable contributions to the ecosystem. The company has expressed its delight in having Degen as an integral part of this initiative, which is being hailed as just the beginning of a broader effort to bridge the gap between online engagement and tangible rewards.
Decent is generously giving out $DEGEN to some of the top users to bridge to the Degen chain. We're thrilled to see Degens receiving rewards. This is just the beginning. We're delighted to have @decentxyz as an integral part of it!
Introducing Decent Partner Points - a way to recognize our most active users. Users earn points (powered by @stackdotso) based on their interactions with Decent products. We鈥檙e partnering w @degentokenbase to issue 500k DEGEN to the top users who bridged to Degen Chain 馃帺馃憠
Lightweight Farcaster Client Announcement
A new minimalist Farcaster client combining elements of 4chan and HackerNews is in development. The platform emphasizes simplicity with: - Thread bumping functionality - Built-in tipping system - Anonymous posting by default - Focus on text and image content only The client strips away common social features like profiles, direct messages, frames, and recasts. Launch is scheduled for FarCon. This development follows Farcaster's recent integration with Coinbase Wallet's social feed, marking significant mainstream expansion.
Advent of Degen - Day 18 Highlights
**@kaspotz**, creator of @poidhxyz, receives community recognition for building one of Degen chain's most engaging platforms. The platform enables users to: - Post bounties - Verify completion with photos - Earn rewards **Bridge Updates:** - bridge.degen.tips preparing to implement Stargate routes - Currently users can bridge directly via Stargate - Trading available on @CamelotDEX after bridging *Notable Achievement:* @poidhxyz recently celebrated 2,000 DEGEN bounties milestone.
DEGEN Implements Anti-Farming Measures and Plans Vault Upgrade
DEGEN is cracking down on tip-for-tip farming: - Users caught trading tips excessively will lose their allowance - Daily tip allowances total 5M DEGEN ($1.2M/month at current prices) - Planned vault upgrade: longer locks = larger share of tip pool DEGEN aims to discourage low-tier farmers and maintain system integrity. Users are advised to consider these changes when locking DEGEN. **Reminder:** To receive tip allowances, extend your lock or re-lock withdrawable LDEGEN.
Vitalik Buterin Uses $DEGEN for Charitable Causes
Vitalik Buterin, co-founder of Ethereum, has utilized $DEGEN tokens to support important causes. This move highlights the potential of cryptocurrencies to make positive impacts beyond financial transactions. Key points: - Buterin still holds 7.5M $DEGEN tokens - The use of $DEGEN for charitable purposes aligns with the token's community-centric ethos - This action demonstrates how Ethereum enables the creation of unique communities and economies The $DEGEN community expresses respect and appreciation for Buterin's actions, emphasizing the importance of using blockchain technology for social good.
Bountycaster Launches $DEGEN Bounty Page
**@bountycaster** has introduced a new bounty page for $DEGEN token holders. This platform serves as a dedicated space for the Degen community to: - Post bounties for tasks or services - Take on bounties to earn $DEGEN tokens The new page functions similarly to Fiverr, but specifically for the Degen ecosystem. It provides a streamlined way for community members to exchange skills and services for $DEGEN tokens. **To explore the new bounty page, visit:** http://bountycaster.xyz/degen This development offers new opportunities for $DEGEN holders to engage with the token and community.