Degen

The **Degen App** is challenging traditional social media by prioritizing **value over reach** for content creators. While major platforms typically reward only high-reach accounts, Degen focuses on **small creators** who drive meaningful conversations and build communities. The platform recognizes that these creators often get overlooked despite their cultural contributions. Key features include: - **Real-time tipping** in $DEGEN tokens - **No algorithmic gatekeeping** - **Community-driven** value recognition - **Instant payouts** without waiting periods The app addresses a major industry problem: despite the creator economy being worth over $100 billion, most creators earn less than $1,000 annually. Traditional platforms capture the majority of revenue while treating creators as replaceable. Degen's decentralized approach puts **power back in creators' hands**, allowing communities to directly reward valuable content regardless of follower count.

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 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.

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.

**@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 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, 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.

**@bountycaster** has introduced a new bounty page for $DEGEN token holders. This platform serves as a dedicated space for the Degen community to: - Post bounties for tasks or services - Take on bounties to earn $DEGEN tokens The new page functions similarly to Fiverr, but specifically for the Degen ecosystem. It provides a streamlined way for community members to exchange skills and services for $DEGEN tokens. **To explore the new bounty page, visit:** http://bountycaster.xyz/degen This development offers new opportunities for $DEGEN holders to engage with the token and community.

The DEGEN Halloween bounty has been increased by 100,000 $DEGEN tokens. Participants are invited to: - Dress up in any costume theme - Hold a sign saying 'Happy $DEGEN Halloween' - Submit their entry for a chance to win All legitimate entries will receive a commemorative NFT. The bounty is hosted on the poidh.xyz platform. **How to participate:** 1. Choose your costume 2. Create your sign 3. Submit your entry at https://poidh.xyz/degen/bounty/718 Join the festive celebration and showcase your creativity!

Degen Tips has introduced a new experimental feature for its RainDrop system: - RainDrops valued at over 10,000 $DEGEN will now be automatically quote-casted from Jacek's official account. - This feature aims to provide increased exposure for initiatives, projects, or events on Farcaster. - Users can try the new feature by visiting https://www.degen.tips/raindrop/current This update offers a unique opportunity for Farcaster users to gain visibility within the community through high-value RainDrops.