Drakula, a popular social media platform, has partnered with $GOAT, a cryptocurrency project, to offer $GOAT tokens as rewards to Drakula users. This collaboration aims to boost support for content creators on the Degen chain, an Ethereum-based blockchain network focused on rewarding quality online contributions. The Degen token, launched in January 2024, has reshaped the Farcaster ecosystem by enabling users to reward others with DEGEN tokens for posting valuable content. This initiative recognizes unique posts and comments, bridging the gap between online contributions and real-world value.
Drakula and $GOAT are teaming up to give away $GOAT tokens as rewards to @Drakulaapp users! Awesome to see these collaborations on the Degen chain, boosting support for creators.
IT'S RAINING GOATS ๐ Introducing the Drakula $GOAT x @stackdotso Claim Frame. Are you eligible? - All past "Onchain Creator Fund" recipients - People who tipped DRIP on @Drakulaapp videos - All past /drakula followers Claim now if you're a @farcaster_xyz user (link below) โฌ๏ธ
Don't miss out! @Drakulaapp is running a weekly $DEGEN onchain creators fund to support content creators. We're thrilled to be part of this incredible initiative!
$DEGEN Onchain Creator Fund: WEEK 2 PAYOUTS are live! ๐ Incredible creators posting consistently on Drakula last week have been airdropped 20,000 $DEGEN ($700) directly to their wallet โ drakula[.]app. Not in this week? There's always next week! Apply below to start earning
DEGEN Token Burns Continue with Community Engagement

Two significant $DEGEN token burns have occurred based on social media engagement metrics: - August 11: 507,860 $DEGEN tokens burned - August 6: 643,605 $DEGEN tokens burned Each burn was triggered by community interaction including views, likes, retweets, and replies. The burns are verifiable on Basescan: - [Latest burn transaction](https://basescan.org/tx/0x82ce60babcaadf4e139621db7c753aef52f0a4a35ca35bbde5b85613286a4eac) - [Previous burn transaction](https://basescan.org/tx/0x3863609558a0b00d7bb120f9d7f68d6505ccbe2795251939f02ef3dff776a282) *Regular token burns will continue as part of community engagement initiatives.*
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.
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.