Reports have emerged of issues with claims on the Degen ERC-20 token, which was launched in January 2024 to enable Farcasters to reward quality content. The team is working with WalletConnect to resolve the problems, which seem to be caused by higher-than-expected traffic levels. While this is a positive sign of the token's popularity, the team apologizes for any degraded experience as they work to fix the issues.
We've received reports of issues with claims on Degen.tips. We're working with @WalletConnect to resolve them. Seems we're generating more traffic than expected鈥攁 good problem, but apologies for the degraded experience as we fix it.
Degen App Developer Shares Technical Insights on Farcaster
The Degen project's frontend developer @ts_tomek has joined Farcaster and is offering a behind-the-scenes look at the technical architecture of the official $DEGEN app. - Developer now active on [Farcaster](http://farcaster.xyz/tstomek) - Technical details shared in recent [cast](https://farcaster.xyz/tstomek/0x06a30d8e) - Focus remains on development, limited social engagement The team notes that while @ts_tomek is primarily focused on building, this rare technical preview offers insight into the app's development progress.
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.
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.