First of all, congratulations to the DEPE community. Since the community took over DEPE, our goal has always been to set it free from the bonding curve to improve discovery and distribution. With the relaunch on Base, we have not only eliminated that limitation but also left behind the restrictions of an abandoned L3 chain. DEPE is now playing in the big league with the potential to become the biggest meme coin on Base.

What we achieved with this migration and TGE is no small feat. DEPE was created more than a year ago at the height of DEGEN. Many of the original holders have not logged into Farcaster for over a year, so getting the word out about the migration was not easy. We had to be creative, from running targeted Gigbot and Inflynce campaigns to using advanced search tools to track down and reach old holders.

In the end, the migration was a success. Over 15.6 billion DEPE were converted into 3.61 ETH, most of which has already been added as liquidity from launch. We also distributed 40 billion DEPE to 140 people based on their original holdings. It was one of the fairest airdrops this space has seen from day one.

Now that TGE is behind us, we must face the big question. How do we grow DEPE and make it the number one meme coin on Base, echoing across the entire crypto space?

The answer is that we must be unique, strategic, and active. Many have asked if DEPE will follow the tipping model like DEGEN and others on Farcaster. The truth is tipping is unsustainable. DEGEN itself had to end its program early, and the few projects still doing it have become side notes. From the beginning, DEPE’s vision has been to stand out, and that is the path we are staying on.

This brings us to the DEPE Content Machine - a first-of-its-kind meme competition platform where the community can create, stake, and compete for rewards while earning $DEPE. It will launch as a Farcaster mini app, also accessible through the Base app.

The goal of the Content Machine is simple: generate nonstop DEPE content while giving value back to the community. Crypto is an attention game. With the Content Machine, DEPE will stay in the spotlight. Our ideology is to be so good that it becomes impossible to ignore. See the Echoes of the Foretold section on the website to learn about DEPE's grand vision.

Next steps

The first version of the Content Machine is already in the works and will soon be live for the community to use. Beyond that, we are in early talks for collaborations and partnerships that can grow DEPE’s reach. A first community town hall is also being planned.

But above all, our greatest strength will always be the community itself. Crypto is full of cynicism, and the only way to last is to build our own ship and sail it together.

So I encourage everyone to stay active. Follow DEPE on socials, like and share posts on X and Farcaster, and keep the energy alive in TG.

DEPE is destined to be the King of Memes. The throne awaits.

🐸

PS: Shoutout to the mystical DEPE whale known as J, the Clanker team (give Dish his flowers), and the Uniswap crew for stepping in last-minute to resolve the DEPE/WETH liquidity issue and ensuring the launch was successful.