Degen

On June 8th, 2024, Jacek, a prominent figure in the Degen ecosystem, issued a call to action for anyone developing games or applications on the Degen L3 platform. Developers working on Degen L3 projects were encouraged to reach out and showcase their work.

Today marks another claim day for Airdrop 2 Season 4. While most users are likely to see a decrease in their claim amount compared to previous seasons, it remains a significant event for the community as they receive rewards for their contributions.

The Degen community on Farcaster has announced plans to introduce token gating and access controls for the /degentokenbase channel, which serves as the primary hub for discussions related to the $DEGEN token and Degen L3 initiatives. This move aims to create a more exclusive and curated space for token holders and active community members. Further details on the implementation timeline and specific requirements are expected to be shared in the near future.

Jacek, a prominent figure in the Farcaster ecosystem, announced today that the tipping algorithm will undergo an update. Instead of relying on engagement data, the new algorithm will utilize social graph data to determine how often users tip each other. This change aims to provide a more accurate representation of the value users place on content within the community.

Conduit, the company behind the Degen chain L3, has announced that the network is back online after experiencing nearly 48 hours of downtime. The company has provided a thread with further details regarding the incident and the restoration process.

Degen Chain, an ERC-20 token launched in January 2024 that enables rewarding quality content on Farcaster, has resumed operations after a period of downtime. The team expressed gratitude for the community's patience and support during the outage.

Degen Chain, a blockchain network that powers the Degen ERC-20 token used for rewarding quality content on Farcaster, has been experiencing an outage for over 24 hours. The team at Conduit, the company behind Degen Chain, is currently working to resolve the issue after a custom configuration change was made on Friday.

Conduit, the team behind the Degen ERC-20 token, is working to resolve an issue with the Degen L3 system. The team expects the nodes to be synced to the post-reorg state with a valid database by 8 AM PST, allowing tip allowances to be restored and functioning normally. Conduit will continue providing updates on the progress.

Racer has been chosen by the community to serve as the president of the FriendTech Degen Club. The Degen Club is an initiative that rewards quality content on the Farcaster platform with the ERC-20 token DEGEN, which was launched in January 2024. This system aims to bridge the gap between online contributions and real-world value by recognizing unique posts and comments.

On May 4th, 2024, Jacek modeled the Degen University hoodie designed by the @floc.eth crew during the Farcon event. The team behind the hoodie is reportedly planning a larger production run of the collectible item.