Tipping Actions: Yesterday the Farcaster team launched cast actions. We quickly saw a handful of people build actions that make it easy to tip. @markcarey's action allows you to check $DEGEN stats, count $DEGEN tips or tip onchain. View Mark's actions here. @robrecht, who built @paybot, allows you to tip 50 $DEGEN onchain with a simple click. Install Rob's action here. Finally, @jtgi launched Paperboy, which is an action that allows you to put a percentage or fixed amount of your daily tips and tip in one click. Here is a video of him walking through Paperboy.
Another Degen chain Exchange: @degenxechange enters the mix and went live with their Degen chain native exchange today. You can visit this post here to learn more details and get their links.
Degen Stats Update: Degen currently has 126,000 holders. The chain has a TVL of ~45M. While Degen bridging volume was high in the first week, we have seen a pretty steady decline with an average of $1.3M bridged over the last 3 days (also reflected by $DEGEN price being down from ATH). Daily tips volume and amount of $DEGEN tippers continues to remain at ATH levels. Thanks to @rchen8 for his $DEGEN dune dashboard.
It’s always mind-blowing when I meet someone who works in crypto but doesn’t regularly transact onchain These people are a lot less credible and relevant imo Transacting and trying stuff onchain is table stakes for anyone working in crypto
Pure LARPers. For sure. One of my most frustrating interactions in the last bull run was having one of Australia's leading "NFT consultants" try to tell me that a DAO could still be a DAO if it wasn't decentralised. No knowledge. No understanding. No on-chain experience. Just grift.
There’s a difference between not knowing your product and not regularly using it. You can understand and know something without using it and you can use something without understanding it, as many ppl do around here everyday (ie. many scam victims)
Cooperate crypto says hi… most esp LinkedIn folks…
Disagree There are a lot of transferable skills that are useful for any business to succeed and tbh , crypto businesses could use a lot more of these ppl. It isn’t ONLY about the tech all the time. You got to be able to sell it and that’s where crypto lacks. Shitcoins and apes have the biggest mindshare ffs…
$DEGEN NEWSLETTER #60 included: tipping actions, another Degen chain exchange, Degen stats update mentioned: @markcarey, @robrecht, @jtgi, @degenxexchange, @rchen8 https://paragraph.xyz/@degennews/60
thanks for the shoutout Mike!