The meta right now on social media (including Farcaster) is that users create content, art, or ship products, and then have to create distribution channels for their work by driving engagement to it. This creates a perverse incentive to create things that drive engagement instead of things that are actually valuable to people.
With Impact Alpha creators and builders can focus on making the most impactful work for the Farcaster community, while curators are incentivized to proactively look for great content and drive discovery (and tips) to it.
As a creator or builder all you need to do is focus on creating things that benefit the Farcaster community. If you have tip allowances you can auto-tip specific curators or the ecosystem at large. 90% of tips go to creators and 10% to curators for their effort.
As a curator you get a daily allowance of $IMPACT points. When your staked casts are upvoted, your daily allowance increases (and vise versa). The best strategy then is to stake points based on the value of casts to the Farcaster ecosystem. Doing so will increase your allowance over time and allow you to stake more points – the more points you have staked on quality casts the more tips you're likely to get. You get 10% of tips that go to your staked casts thru Impact Alpha
Login to Impact Alpha at impact.abundance.id (see demo)
Install the $IMPACT Console Cast Action on your Farcaster client (see demo)
Stake $IMPACT points – use the Cast Action to stake $IMPACT points on great content – the more valuable the content to the ecosystem the more points you should stake (see demo)
Up/downvote (qDAU) – the system depends on curators staking points based on the impact of the cast. If you see inappropriate staking or overvalued casts downvote those. Upvote quality staking. These votes affect the future allowance of curators, so they have an incentive to stake points based on the impact of casts
Unstaking – if you accidently staked too many points on a cast you can unstake the extra points from the cast, as long as no one else up/downvoted on it. A downvote will result in lower future allowance
Multi-tip – you can multi-tip any tip allowances you have thru Impact Alpha frames. If you multi-tip thru the frame of another curator the system would distribute 90% of the tip to a random sample of 10 of their picks (proportionally to points staked), while curator will get 10% of the tip) (see demo)
Auto-tip – before allowances reset Impact Alpha can distribute your remaining $degen, $ham & $hunt tip allowances. You can choose specific curators (to distribute allowances to their picks) or ecosystem-wide (see demo)
Share custom multi-tip frame – you can use Composer Actions to share the picks based on specific curators, channels, and timeframes (make sure your custom selection has curated casts)
Explore – you can explore curated content in the app or by tapping on Explore in frames (see demo)
🌟/impact just airdropped 250,000+ $degen to 1800+ casters for their impactful contributions on Farcaster Check the frame (or basescan) for your reward https://basescan.org/tx/0xd76897a849539cc8cbbd53f6c847ccf5ac95061428f9ba921a6d482c4e12c86e https://impact.abundance.id/~/ecosystems/abundance/rewards-v1?fid=9326
I got it 🤩 thanks a lot 🙏🩷😍
Yey!! Awesome!
Amazing. Thank you. Can’t share from the frame for some reason.
🧐
thanks my dear i recived
Received mine❤️
/impact multi-tip: 116 $HUNT /impact rewards you for your impact
🥰 thanks a lot! (I don’t feel I’m worth it at the moment, been too absent lately). Great work as always Mike!
💜💜!
Thank you so much /impact 🫶🥰💜
Huge! How do I sign up?
please check: https://paragraph.com/@abundance/impact-guide
On it 🤝🏼
/impact multi-tip: 20 $HUNT /impact rewards you for your impact
only took a few months but Impact is finally experiencing some "serious" fraudulent staking - 30+ users staking $impact w/o regard to the cast's contribution to the ecosystem of course there's no benefit to doing this on Impact. Your stake will just be slashed, your allowance is reduced & you lose Impact Rewards 🤷
well damn sorry been a bit busy to look at the staking tho it really wouldnt help since i would be out of points before downvoting all of that dribble
all is good. system works as intended. points downvoted, users lost allowance etc & will not be getting daily rewards..
If you want to point out any bad actors, I can support.
appreciate the help @squishna! https://farcaster.xyz/abundance/0xdc20353b
fascinating. how to build the positive some game when so many are emotionally locked in zero sum thinking. buckminster fuller had his ideas. james carse had his ideas. and vitalik has his ideas. but is it about tech or profound emotional transformation?
But if you reduce allowance to users, than that user u get their allowance to distribute to users what is they stop living allowance to impact, i every day let all my allowance to Impact 93 so impact can grow, rules need to be more clearer sorry but you reduce my impact and im only here new, my gf is ill so i got so little time to do all here becose i need take care for her
downvotes reduce $impact allowance (not $degen) and upvotes increase it. Users need to stake on impactful content, otherwise others may downvote their content. you can see these rules in the Impact Guide: https://paragraph.com/@abundance/impact-guide
You punish me for contributong every day to impact great now im thinking to living it
@solfans just staked $impact on @abundance's cast. Support @solfans's nominees by subscribing to auto-fund their curation. Opt out of /impact nominations in frame
Question to Impact curators & users: which current functionality of Impact v1 frames do you believe would be improved if we used a v2 frame instead? Or, what functionality that currently doesn't exist in the system could be made possible thanks to a v2 frame?
What is your top feature request for Impact Alpha?
Ahh what is that? :)
well, since you asked.. https://paragraph.xyz/@abundance/impact-guide
Thanks! Will read later 🫡 Very much interested in diving deeper to what you’ve been building, will put a lot more thought into it after my vacation :)
Giving gives back! Have you joined /impact yet‽ I just claimed 426 $degen in Impact Rewards for contributing to /impact (frame by @abundance) /impact gives out daily rewards to those who curate, auto-fund or invite contributors to use Impact Alpha. Check your reward here 👇 https://www.sound.xyz/jacquec/kintsugi?referral_source=link
Is there a quick start guide or video for new folks?
@abundance‽
Sure ~ Guide: https://paragraph.xyz/@abundance/what-is-impact Video walkthrough (first part of the community call) https://youtu.be/klGxuzWiQDs?si=KEqtZ65PRMQ6m4jN
TY
sorry, here's the guide: https://paragraph.xyz/@abundance/impact-guide
THANK YOU!!!
Congrats
Wow, well done 💐
Awesome to see Impact Rewards driving contributions. Incentive models FTW! 💸 121.20 $TIP_DEGEN gigbot.xyz/claim
“alligator” (demo version) is here 🐊 i worked with the /yellow community at the end of 2024 to create 5 songs based on traits from their NFT collection revenue will directly support production & marketing costs toward a streaming release listen to the full song & mint on zora! https://bit.ly/4ayckAn
huuuuuuge thanks to @toadyhawk.eth for bringing this all together, @sloppy for making this awesome animation, and everyone in the @basedandyellow community for being the inspiration behind this song!
Okay EPIC
thank you!!!
/microsub tip: 457 $DEGEN
Great work!
I'm tipping: 3 $HUNT via Abundance Ecosystem on /impact /impact lets you earn curator rewards while supporting your favorite creators & builders on Farcaster
I'm tipping: 15 $DEGEN 18 $HUNT via Abundance Ecosystem on /impact /impact lets you earn curator rewards while supporting your favorite creators & builders on Farcaster
✅ 15 tipped ∙ 1 038 remaining 200 / 1 238 (16%) 🟩🟩⬜⬜⬜⬜⬜⬜⬜⬜
Amazig work!!!! 👌💛💛
thank you! 🌟
Want to get started with /impact but not sure how? The ultimate /impact guide just dropped 👇 https://paragraph.xyz/@abundance/impact-guide
@paragraph please make links clickable in the mini app
/microsub tip: 310 $DEGEN
Ty downshift! 👑
cc @plantsnft Mike just wrote this a few days ago. LMK what other questions you have
I'm tipping: 10 $HUNT via Abundance Ecosystem on /impact /impact lets you earn curator rewards while supporting your favorite creators & builders on Farcaster
💚💚💚!
I'm tipping: 7 $DEGEN 10 $HUNT via Abundance Ecosystem on /impact /impact lets you earn curator rewards while supporting your favorite creators & builders on Farcaster
🙏🙏
Bookmarked it. Thanks Will read it when home 🙏
🙌🙌 Thank you for the guide!
I'm tipping: 10 $DEGEN via Abundance Ecosystem on /impact /impact lets you earn curator rewards while supporting your favorite creators & builders on Farcaster
🙏💜!
I'm tipping: 3 $DEGEN via Abundance Ecosystem on /impact /impact lets you earn curator rewards while supporting your favorite creators & builders on Farcaster
💜💜!
🙏
thanks sofi for select my contributions to abundance ecosystem GM and goo new start of year!
Test 3$hunt