The organizers of Deploy on Degen Week have expressed their excitement as they begin reviewing the projects submitted by various teams during the event. A large number of teams chose to build on the Degen platform, showcasing the growing popularity and adoption of the Degen ecosystem.
Huge shoutout to all the teams that threw down for Deploy on Degen Week! We're diving into the project reviews today and just have to say, we're totally stoked to see so many awesome teams choosing to build on Degen!
Thank you to the 150+ teams that submitted projects to 'Deploy on Degen' Week. We are overwhelmed by the quality, energy, and creativity of builders developing on Degen Chain 馃帺 We're reviewing submissions over the next few days鈥攔esults will be shared this Thursday, April 25!
Degen App Beta Approaches
The **Degen app** development update shows solid progress toward launch: **Core features completed:** - Onboarding flow finished - Feed screens implemented - Posting, liking, recasting, threads, and profiles functional **Still in development:** - Notifications system - Tipping functionality - Wallet buy button The team initially targeted late September but **delayed due to parallel mini app development**. They're now catching up with plans for: - **Closed beta** launching soon for small group - **Invite-only rollout** mid to late October - Seed users can invite others The v1 will be a **fast, lightweight Farcaster client** with Degen-native features added over time. The team reports satisfaction with the app's look and feel.
Degen Security Breach: $500K Stolen, Community Holdings Safe
**Degen suffered a security breach** when attackers compromised personal devices and accessed hot wallets used for smart contract deployments. **Financial Impact:** - $300K worth of locked AERO tokens stolen - $200K taken from Solana Degen pool - Total loss: approximately $500K **What Remains Secure:** - Treasury funds (most critical) - All deployment wallets (migrated to new infrastructure) - Social media accounts - Community holdings and ecosystem functionality **Response Measures:** - All operational funds moved to hardware wallets - Security experts brought in to strengthen protections - Enhanced security across devices, emails, and infrastructure - Contract ownership successfully transferred before major damage **Important Warning:** Any communications between 6-8pm Poland time yesterday were **not from the official team**. Users should remain cautious of phishing attempts and fake accounts. **Community Impact:** Degen products continue operating normally. User holdings remain safe and the ecosystem is intact. The team will host an X Space to provide updates and connect with the community.
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.