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Unlock Protocol Adds Support for $DEGEN 🎩

Receive payments for subscriptions, memberships, tickets and more in $DEGEN.

Unlock Protocol

Unlock Protocol

Unlock Protocol has added support for $DEGEN for creators, event organizers, and others building on Unlock Protocol.

Projects launching subscriptions, memberships, events, and other initiatives using Unlock Protocol can now accept purchases and payments using $DEGEN. If you are setting up a paid subscription, membership or event and want to price it in $DEGEN, you can now do so.

As we are seeing community-driven tokens gain broader acceptance and utility, we are seeing increased growth, liquidity, and contributions to a more inclusive (and interesting) digital economy.

Tokens like $DEGEN are reshaping the interaction between communities and economies, accelerating a decentralized and participatory onchain environment. (Here are some great thoughts on this from Jarrod Dicker, TPan and, of course, the /degen channel on Warpcast.)

How to price things in $DEGEN

If a creator or event organizer wants to price their offering natively in $DEGEN, you now have the ability to set up $DEGEN as the method of payment.

When setting up a smart contract with Unlock Protocol, deploy that smart contract on Base and use the $DEGEN ERC-20 as your pricing using the $DEGEN token (0x4ed4e862860bed51a9570b96d89af5e1b0efefed). It will now show its price in $DEGEN.

Here’s what it looks like in practice. It takes about a minute to set up.

Play Video

Once the smart contract has been updated, we can take a look at how it’s presented for subscribers or attendees who are making a purchase.

Head over to https://app.unlock-protocol.com/event/eth-galactic-2025-based for a live example.

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The landing page shows $DEGEN as the method of payment, and the checkout flow for this event now shows $DEGEN as the way to pay for the ticket to this event.

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Note: Pricing in $DEGEN is not limited to event tickets. Any type of onchain subscription, automatically recurring subscription, or membership can be priced in $DEGEN using Unlock Protocol.

You can get started at https://unlock-protocol.com.

Enjoy!

adrienneFarcaster
adrienne
Commented 1 year ago

Still a work in progress but any feedback on this so far? What am I missing?

Sam (crazy candle person) ✦Farcaster
Sam (crazy candle person) ✦
Commented 1 year ago

@bountycaster !

MOΞFarcaster
MOΞ
Commented 1 year ago

Missing @buttrfly for clients

Jonny MackFarcaster
Jonny Mack
Commented 1 year ago

fabric and hypersub :)

adrienneFarcaster
adrienne
Commented 1 year ago

😳 I suck. Adding… ofc

LeoFarcaster
Leo
Commented 1 year ago

looks good but a typo on Neynar in the tools column maybe Yup for a client? hypersub and fabric might be good to fit in?

Chic BangsFarcaster
Chic Bangs
Commented 1 year ago

@frameboard would be a great addition

Bixbite 👽Farcaster
Bixbite 👽
Commented 1 year ago

I’m bias but I think what we’re doing with /gloomtoken is interesting & were launching our 10k pfp collection across 3 blockchains through a frame on Farcaster - so we’re heavily integrated into Warpcast. 💜

priyanka🦉Farcaster
priyanka🦉
Commented 1 year ago

Neynar* 🙈

YBFarcaster
YB
Commented 1 year ago

would love to see Terminally Onchain /toc in the media section! have written a decent amount on Farcaster products + culture :)

adrienneFarcaster
adrienne
Commented 1 year ago

I'm taking image from /toc channel unless you have a different logo you want me to use

YBFarcaster
YB
Commented 1 year ago

Don’t have an official logo but think this one might be the best!

Ox BidFarcaster
Ox Bid
Commented 1 year ago

You’re missing @pizza-token and @bolide 🙏

GhostlinkzFarcaster
Ghostlinkz
Commented 1 year ago

Don’t forget searchcaster.xyz - been using it almost everyday since I joined FC

adrienneFarcaster
adrienne
Commented 1 year ago

The OG of farcaster tools! 🏆

LanaFarcaster
Lana
Commented 1 year ago

How can we use $degen to pay for therapy? For ourselves and others.

SPFarcaster
SP
Commented 1 year ago

Therapy fund - powered by $degen to empower

LanaFarcaster
Lana
Commented 1 year ago

Exactly! I’d use part of my daily tips to help fund that

christopher carfiFarcaster
christopher carfi
Commented 1 year ago

in seriousness, could price a membership in Degen, and redeem that for the session or sessions https://paragraph.xyz/@unlockprotocol/degen-unlock-protocol

LanaFarcaster
Lana
Commented 1 year ago

We could! And maybe there’s a public pool or network pool of Degen funds that could be used too. I feel more people would try therapy if their first session or two was free. Help them explore it and learn more. Then maybe see some of those people top up the pool in the future.

JA WestenbergFarcaster
JA Westenberg
Commented 1 year ago

I spent the last 2 days reading anything and everything I can about $degen When I close my eyes all I see are purple top hats They haunt my dreams But 2 key takeaways 🎩 1. This is the first token that could ever be a native currency for the creator economy 2. I’m not fucking selling the next airdrop

Phil CockfieldFarcaster
Phil Cockfield
Commented 1 year ago

cc: @ro

Rowan YeomanFarcaster
Rowan Yeoman
Commented 1 year ago

244 $DEGEN

wakeFarcaster
wake
Commented 1 year ago

curious about how you got to (1)

JA WestenbergFarcaster
JA Westenberg
Commented 1 year ago

I’ve previously concluded that audiences need an incentive to engage with and support creators beyond just “good content” - which Degen in its current form provides. But also, it’s the simplest form of creator tipping I’ve ever seen, making it a smooth and frictionless way to pay for goods.

JA WestenbergFarcaster
JA Westenberg
Commented 1 year ago

I don’t know if that continues to be the case if / when the airdrop cycle ends and tipping becomes de-incentivised. But in its current form, it’s an entire creator economy on its own with feedback and benefit loops for both sides of the marketplace.

S·G 🎩↑🙂Farcaster
S·G 🎩↑🙂
Commented 1 year ago

450 $DEGEN

AdamFarcaster
Adam
Commented 1 year ago

Was there an article that convinced you the most, and made you as excited as you are about it?

PedroFarcaster
Pedro
Commented 1 year ago

Welcome @joanwestenberg.eth I've loved your takes since day one. We're lucky to have you on board! 500 $degen

JawaFarcaster
Jawa
Commented 1 year ago

420 $DEGEN

Rebin🔵Farcaster
Rebin🔵
Commented 1 year ago

I'm so excited for the next season ad

TORMENTIAL 🎩Farcaster
TORMENTIAL 🎩
Commented 1 year ago

Love this! I did a deep dive yesterday and reached similar conclusions. 20% total supply devoted to Season 2. February used 4%, so 1/5. Can’t wait to see what March cost and how much the 10K requirement put a damper on things. I think best case scenario is Season 2 allottment gets us through July. 250 $DEGEN

DiFarcaster
Di
Commented 1 year ago

A purple top hat is new black

christopher carfiFarcaster
christopher carfi
Commented 1 year ago

Hey all. Unlock Protocol has added support for $DEGEN. You can now receive payments for subscriptions, memberships, tickets and more in $DEGEN. LFG.🎩 https://paragraph.xyz/@unlockprotocol/degen-unlock-protocol https://paragraph.xyz/@unlockprotocol/degen-unlock-protocol

LanaFarcaster
Lana
Commented 1 year ago

55 $degen for the alpha

JuanFarcaster
Juan
Commented 1 year ago

basados necesitamos estar relacionados con unlock

christopher carfiFarcaster
christopher carfi
Commented 1 year ago

Hey all. Unlock Protocol has added support for $DEGEN. You can now receive payments for subscriptions, memberships, tickets and more in $DEGEN. LFG.🎩 https://paragraph.xyz/@unlockprotocol/degen-unlock-protocol https://paragraph.xyz/@unlockprotocol/degen-unlock-protocol

Unlock Protocol Adds Support for $DEGEN 🎩