DEGEN Implements Anti-Farming Measures and Plans Vault Upgrade
DEGEN Implements Anti-Farming Measures and Plans Vault Upgrade
馃毃 DEGEN farmers beware
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.
1/4 Degens, we鈥檙e putting a stop to this tip-for-tip game. Some of y鈥檃ll have been trading tips back and forth like candy鈥攄ozens of times since the season started. If you鈥檙e caught, your allowance goes straight to zero starting today. So, keep that in mind when locking your
Skateboarder Breaks World Record for 10M $DEGEN Bounty
**World record shattered for crypto bounty** Skateboarder @davebachinsky successfully broke the Guinness World Record for most kickflips in one minute, completing **38 kickflips** to claim a massive **10M $DEGEN bounty**. The bounty was organized through @poidhxyz, representing the largest reward in the platform's history. The community pooled together the substantial prize to incentivize breaking this specific skateboarding record. - Record: 38 kickflips in 60 seconds - Prize: 10 million $DEGEN tokens - Platform: Largest bounty in @poidhxyz history This demonstrates how crypto communities can create real-world incentives for athletic achievements, bridging digital tokens with physical accomplishments.
馃浌 Skate or Break
**Degen community offers $28K+ bounty for skateboarding world record** The crypto project has pooled **10 million $DEGEN tokens** to reward whoever breaks the Guinness World Record for most kickflips landed in one minute. - Current bounty worth over $28,000 - Largest bounty in Poidh platform history - Story covered by [Decrypt](http://decrypt.co/341612/kickflips-crypto-project-pay-28k-guinness-world-record) The initiative shows how **crypto communities are expanding beyond trading** into real-world challenges and record-breaking attempts. Skateboarders now have financial incentive to attempt the physically demanding world record, combining athletic achievement with cryptocurrency rewards.
Degen Tips Mini-App Launches on Farcaster with Coinbase Integration
A new mini-app for tipping $DEGEN tokens has launched on Farcaster, operating on the Base network. The app introduces streamlined tipping functionality with Coinbase's TBA wallet support. Key Features: - One-click tipping through likes - Integration with Coinbase TBA wallet - Base network implementation - Customizable tipping amounts - Upcoming lottery reward system Getting Started: 1. Hold $DEGEN tokens in your wallet 2. Set your tipping budget 3. Configure per-like tip amount Try the app: [Degen Tips](https://app.degen.tips)
Degen App v1 Announcement: A Minimalist Farcaster Client
Degen announces v1 of their Farcaster client, focusing on Reddit-style channel discussions. Key features: - Clean, lightweight interface - Embedded wallet functionality - Direct tipping from user funds - No messaging or frames - Streamlined onboarding process The app aims to attract new users to Farcaster with its minimalist approach, prioritizing genuine discussions over engagement mechanics. Launch planned for FarCon. Previous development updates revealed plans for thread bumping and default anonymity features, positioning the app as a hybrid between 4chan and HackerNews.
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.