🎩 Daily $DEGEN 🎩

DAS DEGEN - Volume 2: THE CASE FOR $0.05 DEGEN & BEYOND by @itsbasil dropped. Volume 1 was the case for $0.01 which we recently saw. It's a really comprehensive breakdown of Farcaster, Base and $DEGEN. A few notable takeaways: a. While Farcaster DAUs is down it's protocol revenue is significantly up b. people bridging ETH to Base is also significantly up and is now in par with all the other L2's c. The original $DEGEN airdrop was 10M tokens to 1,600 users. It was once worth under 1E and is now worth nearly 30ETH.

Mint with $DEGEN: If you are looking for a place to mint NFTs with $DEGEN visit @toka feed which is onframe NFT minting with $DEGEN. Created by @markcarey at the recent Frameworks hackathon by @ethglobal, it's a really great frame to collect NFTs with $DEGEN.

$DEGEN Liquidity Mining Update: Starting today, liquidity mining rewards are being reduced for the Uniswap pool to prolong the program's duration until 2028. More resources will be allocated to continue to incentive the @aerodrome pool.

Great X Thread: Most of the content featured in this newsletter is from Warpcast. Over the last few weeks more degens have been posting content on X to spread awareness about $DEGEN. Today we get an amazing thread from @s4msies. It's a great breakdown of Farcaster, $DEGEN tokenomics, L3 speculation and more. If you have any friends looking for info on $DEGEN, share this thread with them.