New Dune Dashboard for Degen Allowance Calculation
New Dune Dashboard for Degen Allowance Calculation
📊 Degen Allowance Unveiled
A new Dune dashboard created by @4cademy has been introduced, serving as a Degen allowance calculator. The key feature is a 5 million cap allowance for the entire Degen ecosystem, with the ability to track individual allowances. This tool aims to provide transparency and oversight for the distribution of the Degen token within the Farcaster community.
Binance Announces Integration with Base Network
Binance, one of the world's largest cryptocurrency exchanges, has announced its upcoming integration with Base, Coinbase's layer-2 network. This development follows Base's consistent support of the DEGEN ecosystem and its commitment to long-term growth. - Base has positioned itself as a stable platform focused on trust and sustainable application development - The integration signals growing institutional interest in Base's infrastructure - This move aligns with Base's vision of onboarding the next billion users to web3 The announcement reinforces Base's strategy of balancing innovation with stability, while maintaining its commitment to both established protocols and emerging projects.
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.