GM Degens,
It’s been a wild week, and y’all have been hard at work putting the rates in degenerates with some palpable excitement riding on the coattails of BTC’s new ATH. We’ve never been so back!
Now that we’re starting to see some movement on our infrastructure migration, we wanted to let you know that we’ve also been keeping our noses to the grindstone with a sneak peak of what’s coming next—
Going OMNICHAIN
Launching New Dev Tools
Upgraded veDEGEN Vault
Decentralized Onchain Tipping
Teasing MEMESTACK
DEGEN’s 1st Birthday Bash
THE HAT GOES OMNICHAIN
Using some radical new technology, we’re getting ready to release support for DEGEN on all your favorite networks, whether that’s Base, DEGEN L3, Arbitrum, Optimism, Binance Smart Chain, or even Solana! Get your engines ready, because if that vampire attack on SOL last week was any indication, there’s a lot of pent up demand for DEGEN on other networks and we aim to give the people what they want. That said, we are 100% aligned with calling Base our homebase, and will continue to support our community members and LPs with a primary focus on Base and DEGEN L3.
This particular upgrade will also be accompanied by seamless near-instant bridging, so no more waiting a week to withdraw, you can move your DEGEN everywhere you want to be within a short span of a few blocks. We hope this kind of ubiquity can help position DEGEN as the USDC of memecoins.
Make sure to watch for an announcement on our official channel for when this goes live. If you didn’t hear it from @degentokenbase then it’s not the real deal.
DEVGENTLEMEN TOOLS
We’re stoked to finally deliver on some exciting dev tools for the DEGEN L3 community, including a standardized REST and GraphQL API for all your favorite web3 actions, incredibly fast indexes for custom chain queries, best-in-class account abstraction tools to attract new peers who may be less savvy to the ways of elliptic curves and gas estimation, and a dedicated testnet so you don't have to dev in prod.
The rollout of these tools will eventually be followed by our much awaited Airdrop 3 to accelerate growth of the DEGEN L3 ecosystem, granted in the form of gas subsidies and milestone-based grants.
We want to work with all of you to make sure that the L3 is maximally customized for your use cases and especially the farcaster ecosystem, so don’t be shy to ask us for features or precompiled that you want to see. Even if we have to customize our Orbit nitro instances, we will do what we have to to surpass your expectations.
ENTER THE veDEGEN VAULT
We’ve heard you that the existing vault is a bit of a PITA when it comes to estimating your share of the tip pool and optimizing your allocation to keep your DEGEN free to deploy. That’s why we’re developing a new vault with custom staking periods, unique expirations per deposit, eip-4626 yield vault compatibility, and even tip delegation to other accounts.
We may also have a few fun surprises in the pipeline when it comes to the staking NFTs that represent your veDEGEN. We hope we’re building something that the rest of the community can leverage for rewards or easter eggs that use the metadata to create something delightful.
ONCHAIN TIPPING UNCHAINED
Oh yeah, we’re bringing tipping into the decentralized and verifiable world of onchain data availability. You’ll be able to verify your tips in realtime, countdown the escrow period while moderators have a chance to slash bad actors, and receive them directly to a DEGEN L3 wallet with no fuss or additional todo.
Keep your eyes peeled, there may be a protocol involved where anyone on any social network can reserve a tipping namespace and instantly piggy-back on the DEGEN botnet to tip everywhere and anywhere with a simple comment. 👀 👀 👀
THE MEMESTACK WITH A DREAM
We believe that every meme community should have all the same tools as DEGEN to create a kickass and lively community of Degens like you. That’s why we’re building a fast deployment toolchain to give other memecoins all the same bennies of being a Degen without any of the hassle of being a DEGEN dev.
If we’re gonna be the Vegas of blockchains, we gotta make sure that all the brands, entertainment, and tourists know that they can spin up their resort in a heartbeat and have the unforgettable experience of their lives that stays just between them and their memefrens. Snitches get stitches, y’know.
DEGENNIVERSARY: PUTTIN ON THE RITZ
That may sound like a lot for the foreseeable future, but we think we have a chance to pack it all in, or at least a good chunk of it, for one blow out bash celebrating the one year anniversary of rolling out tips on Farcaster. We’re planning something big for February in Poland, and we want any and all of you Degens in the neighborhood to join us.
Save the date & RSVP here: https://lu.ma/9yv3u378
We couldn't be more grateful for a community like you, and we're excited to put in the sweat to keep the energy high and the vibin’ thrivin’. Thank you as always for your heart and your degeneracy. We are truly blessed to be in your circle.
The stays on,
Jacek and Colton
把degen发展到其他链是正确的,毕竟farcaster这个平台的收费限制和相关区域因素制约了大部分新用户的增长,另外我觉得你们应该把degen添加扩展到更多的应用场景当中,让它成为web上真正的场景币(形成统一的广泛的degen社区支付文化),真正体现meme币的价值。
请先把它打造成web3上覆盖全链的统一打赏币,然后再计划下一步!目前degen价格远低于degen本身的价值,300多亿总发行量,至少要达到$0.5-$1价格区间才能达到它的价值本身,初期大家好不容易搭建起来这么好的社区文化和生态不要让它衰退!加油
$DEGEN will be one of the largest meme communities out there, LFG!
Good
You guys got something special here!
The 🎩 stays on
Yes yes fellow Degens
Dope
Thank you
gon
Weee
love it
Degen is your favorite project's favorite project.
Super excited
Excited
I LOVE that you airdropped this to me
The hat stays on
Very good
dwr support for jacek yesterday is a good potential turning point and the kind of thing we should all be using to rally around degen.
What to rally around though?
https://paragraph.xyz/@degentokenbase/get-in-degen
The next big thing we’re about to release is DEGEN on Solana!
I meannnn... degen brought most of the parabolic activity to the purple app. dev and branding are solid. it was always $DEGEN 💎🫡
Daily Discussion Thread - /degen - January 4, 2025
I dont like news so... What rumors should we look for in 2025? 👉👈🎩
https://paragraph.xyz/@degentokenbase/get-in-degen
thats awesome!! will the custom locking time be proportional?? So locking 100k degen 3 months would give same allowance as 50k degen 6 months?
Thank you. I'll read this😍👌
salam alaykom abbas may u help me on this, jacek may not see my reply cuz I'm under show more replies https://warpcast.com/nawnaw/0x593c3d82
👀🎩
just wanted to say I'm a big fan of degen and think its cool that you (@jacek) have been doing these daily discussion threads inspired by you in a lot of different ways, super hard to do what you do day in and day out, with a live coin the entire time and a million voices telling you what to do instead conviction is infectious
🙏 100 $DEGEN
Is there a part of the city where degenniversary will be held? Or a central-ish hotel Farcasters might congregate?
At the end of January we can lock our degens for long term, 6 months or 1 year?
You’ll be able to lock for 6 months or 1 year once the new vault is out, but we’re not sure exactly when yet.
So, when the new phase begins, will the allowances also change based on the month we were locked, or not?
Degen gambling games Anything low stakes to get it to take off just something fun and with little risk to the user and dev. We could use our daily allowance for it. A frame could be made kind of like farcade.
Anybody know if we went omnichain yet? I assume not yet 🙂
Yep, we’re live on Ethereum and Arbitrum already, and we’ll be rolling out on Solana soon!
I'm gonna go ahead and shill my meme here lol https://warpcast.com/mikadoe.eth/0xff38eac6
Hi jacek how long it takes from degen chain to my acc on CEX(bingex) @jacek been asking on tg but no response and u can't see my casts cuz im under show more replies
Thanks for all you do!
Degen going to the moon? No, to the mars! 🔥🚀
crypto made us used to fast money. instant flow of it. and when thinking about building an economy around $degen tips, it is important to release the tension that is created around the notion of money "having to be fast", and remember that businesses used -and still some do- to pay each other at 90 days, etc. if we open the window for people to "tip to pay", and the system will give us back that money at the end of the month (on the next claim day) i would 100% allow people to pay with this for the paid services and products i will provide on farcaster i absorb the volatility of the price of it. i have my life savings in $degen anyway
liquid tipping (real-time settlement) is coming anyways tho, it was listed in Jacek's blog post about future updates https://paragraph.xyz/@degentokenbase/get-in-degen
my life saving 🤝
ICYMI from a month or so ago via jacek - 'Vegas of Blockchains' vision TLDR - this isn't just another "memecoin" 🎩 now that the transition to Alchemy has happened on the L3, there will be incentives (Airdrop 3) and tools (APIs, etc.) for Devs to ship new products 🎩 omnichain, realtime tipping coming soon - we have seen the groundwork for 'omnichain,' but soon enough tips will settle in 'real-time' 🎩 Memestack Toolkit for other 'memecoins' to add Degen capabiilites 🎩 'Tip-to-Clank' integration test coming with Clanker https://paragraph.xyz/@degentokenbase/get-in-degen
real time tipping?? claimable each day?
yah like Ham, in real-time
does L3 make that possible?
Vegas of blockchains 🔥🔥🔥
we are big fans of degen here at super - we have a features that allow for locking, tipping and claiming the airdrops straight from our UI - we recently bought and locked $40k worth of degen - we use our max degen tip allowance to reward the best posters in /super channel bright future ahead when more people realize how strong of a marketing tactic is buying, locking and tipping their degen tokens
also yes — i'm still a degen chain hater, nothing changed but i'm a hater because i care about degen and think it's a unique and a beautiful asset that deserves good UX :)
I’m curious what you think of the road map and planned updates Jacek shared a few weeks ago. Love? Hate? Neutral?
can you link to it again please?
Same. The Hat stays on, but that doesn't mean I think the DL3 chain has been been anything but rough from the start. I look forward to changing my opinion though
😁😁🎩
1111 $degen
100% the wisdom of flywheels right there 🫡
100 $DEGEN 🔥
Do you have the same plan for Moxie?
GN ツ 💜 You, @woj.eth are the proud supporter of Degen 🔥🎩 1111 $DEGEN
based 🎩
BASED
Super bullish on degen 🎩
Always bullish on 🎩🔥
Not a perfect style, but a list of all the upgrades coming to $Degen in the future - ex - any potential new exchange listings 🔹 Omnichain, real-time tipping 🔹 Dev Tools, Memecoin Stack + Airdrop 3 Grant funding 🔹 Tip-to-Clanker integration test Anything else?
sauce https://paragraph.xyz/@degentokenbase/get-in-degen
@mcdegen 1655 degen to degaga
100 $DEGEN
Thanks for the juice J!
Wow! What does tip to clanker means? 100 $degen
maybe tip-to-clank sounds better lol means you will be able to use your 🎩Allowance towards buying Clankers https://warpcast.com/downshift.eth/0x435c09ee
İnteresting information well done 🔥
Wow! Nice one J!
thanks K 177 $degen to keep our luck running this month 🙂 🍀🎩
More luck to us J🍀 Will send some goodluck degens later, I run out already😅
🍀 177 $degen
* binance listing
This will be great
GA Degens, I know tomorrow is Claim Day, but wanted to bring something back up from jacek's paragraph post a couple weeks ago. "Keep your eyes peeled, there may be a protocol involved where anyone on any social network can reserve a tipping namespace and instantly piggy-back on the DEGEN botnet to tip everywhere and anywhere with a simple comment. 👀 👀 👀" I know price is down today, but things are cookin' here 🧑🍳 🎩 https://paragraph.xyz/@degentokenbase/get-in-degen
@mcdegen 1616 degen to degaga
Ga fam
🎩👌🏽 116 $degen
Wen listing on binance?
https://paragraph.xyz/@degentokenbase/get-in-degen 👀
Kicking off my AMA here in /bigenergy—let’s do this! Feel free to ask me anything 👇
Are you a dev by profession? Or Was $DEGEN a master plan or just a fun thing you tried
Yeah, I’ve been a database developer for 10 years. $DEGEN started as a side project, but I put a ton of effort into it and have been going hard on it every day since inception!
Hey @jacek thank you and @cadillion for grinding in the trenches! How’s the migration going and will there be a big “we did it” moment + update when complete? What’s the migration blocking atm? 🎩🎩🎩
Migration is in progress. Our new service provider is working hard to ensure everything goes smoothly. It’s going to take some time, but we’ll definitely share more updates and celebrate when it’s all ready to go!
I already know everything i need to know about degen, so i’ll ask something more personal which im very interested in Do you like weed?😅
I don’t smoke or drink. I had a party phase in my twenties, but honestly, I wish I had avoided all that nonsense.
@betabarz read this thread and make a long rap summarizing it my g
Hey Jacek, You’ve recently announced several new developments regarding Degen, such as becoming omnichain. Which of these developments are you most excited about?
In the near term, I think omnichain is going to be super exciting. In the longer term, I’m stoked about making the memestack a reality.
Amazing.Thanks for your reply✨
Gm jacek I genuinely love what you’re doing with the project tbh How long would the degen airdrops last for ?
Appreciate the love for the project, means a lot 🙌. There’s no end date planned for the airdrops—we can keep them going indefinitely!
What’s your greatest fear?
I fear living a life without a sense of purpose and being alone in the world.
That's a good fear to have, as it's not very fun.
Hi boss degen, latif has no questions, take a little role and have fun is my art here.
Love the artwork, Latif! Keep it up! 100 $DEGEN
☺️
Do you see a plan for Degen use cases outside of Farcaster as something you and the team will work on or do you see it as more organic? If working on it, any plans/approach?
The biggest projects active on FC are DEGEN and Moxie. Is there a possibility to collaborate with each other?
Studying the shipping update from $Degen team and clearly they been listening to the community. Imagine having @clanker assist with this tipping 👀 “Keep your eyes peeled, there may be a protocol involved where anyone on any social network can reserve a tipping namespace and instantly piggy-back on the DEGEN botnet to tip everywhere and anywhere with a simple comment. 👀 👀 👀” Every $degen should look at this… https://paragraph.xyz/@degentokenbase/get-in-degen
degens gonna be clanking
Hat always on 1200 $degen