Over 900 subscribers
Hamcaster is a unique SocialFi app that takes the concept of social tokens and social tipping further. It's built on top of the Ham ecosystem, an already thriving community of crypto natives and crypto curious early adopters. Ham already features a precise social ranking system and a daily rewards system - both important aspects to the success of a SocialFi app like Hamcaster. Hamcaster builds on top of these systems and allows participants to monetize their Farcaster account and share their daily rewards with those who collect and stake what are known as their Caster Tokens. Caster Tokens can be collected, traded, and staked freely. They can even be tipped directly in the social feed providing a new way for people to engage with their audience.
Before diving into the mechanics of Hamcaster it's important to know a bit about some of the things that already exist within Ham's social ecosystem. Ham's channel on Warpcast has been one of the top channels since it's inception and boasts 43,000 followers at the moment. Participants in the ecosystem can earn what's known as a Ham score - a precisely weighted score based on your social contributions to Ham's channel and Farcaster as well as onchain contributions which are your holdings of $TN100x and other tokens/NFTs from within the Ham ecosystem. Every day those with a Ham score receive a daily allocation of $HAM, a token on Ham's Layer 3 blockchain which is backed 1 to 1 by $TN100x, Ham's liquid social token on Base and the main token of the Ham ecosystem. $HAM can be tipped on Farcaster by simply clicking the like button, commenting on a post, or using what are known as cast actions. $HAM is sent directly to the receivers wallet on Ham chain and can be converted to $TN100x, or re-tipped. It's a token like any other token with the main purpose of being distributed and tipped daily, a tipping token.
Your caster token is a tokenized representation of your Farcaster profile that can be traded, staked, and locked. Your caster token enables people to share in your Farcaster engagement, Ham score, and daily $HAM rewards. You can specify a percentage of your daily allocation of $HAM and tips that will be automatically dispersed to stakers of your token. In addition, all caster tokens can be tipped on Farcaster clients like Warpcast and Supercast.
Each Caster Token has automatic tipping functionality built in. You can tip your Caster Token right in your social feed! It's a new way to engage directly with your followers and your followers with each other.
You'll earn 0.6% of each trade of your caster token and you'll receive 5,000,000 tokens up front.
Collectors of your caster token have the choice to stake their holdings to start earning a portion of your daily $HAM allocation and tips. If you don't have a Ham score, or simply want to give your holders more rewards you can add additional $HAM rewards directly as incentives for people to hold and stake your caster token. Rewards are distributed to holders of your caster token daily based on the amount of tokens they have staked.
When creating your caster token you'll have the opportunity to specify the amount of your daily $HAM allocation and tips you'd like to automatically distribute to holders of your caster token and like mentioned earlier you can add additional amounts of $HAM at any time as an additional incentive.
To start there will be an additional 10,000,000 $HAM distributed to stakers of the most voted on caster tokens. Voting power is earned by locking caster tokens for 1 or 2 years. Each week all caster tokens with voting power will be rewarded additional $HAM based on that tokens voting power. The additional $HAM is then distributed to the stakers of that caster token.
Caster Tokens are purchased using $TN100x on Ham chain. Each time a caster token is bought or sold a 1% fee is taken and is broken down in the following way:
0.6% goes to the creator of the Caster Token (aka you!)
0.2% $TN100x burn
0.1% Rewards back to top pools and casters
0.1% Mint club protocol fee. Hamcaster utilizes, in part, Mint Club's audited ERC20 bonding curve smart contracts.
Hamcaster builds on top of the Ham ecosystem. It allows anyone to buy caster tokens and start earning $HAM regardless of their engagement on Farcaster, or contributions to the Ham ecosystem. You can share in the success of other Farcaster accounts in a mutually beneficial way. It's a socialfi trading app with built in defi primitives like staking tokens for rewards and locking tokens for votes. We're excited to continue expanding the Ham ecosystem and building products that haven't existed before.
The countdown is on! Ham Caster! Tonight! (For us AEST and JT folk) Hamuko: Alarms are set ๐ซก Donโt want to be sleeping through this one. ใใ ๅญ: ใใใงใใใใฃโฆใจใ ใปใใใจใฉใคใใใใใใฆใใญใ ใใ ๅญ: ็นๅฅใชๆฅใงใใใใญใ ใญใฃในใฟใผใญใณใใ ใฃใใใใชใ
What's your ticker symbol? ๐ x 150
ใพใ ่ใไธญโฆใ $HAMUKO ็ฌ Probably $KEN OR $KENJI I guess. A bit boring tho ๐ฅบ
็ตๅฑ $KEN ใซใชใใพใใใ๏ฝใ
ไธๆใฎ็ใไธใไปฅไธใฎๅญๅจใซใชใฃใฆใใใใ่ฏใใงใใใญใผโ๏ธ ๐x290
ๆญฃ็ดใฉใใชใใๅใใใพใใใใญ๏ฝ ไพกๆ ผ่ฝใกใใใใฆ๏ฝ ๐x300
ใใ ๅญใใฃใกใๅคงไบบใฃใฝใใชใฃใ๐ซถ๐ป ๐ x 500
ไปๆฅใ ใใงใ๏ฝ๏ฝ ใงใใ่ฒใ ๅฅณใฎๅญใ ใใ่ฒใ ใชๆ่ฃ ่ฉฆใใใใใญใ ๐x500
ๅฅณๅญใฎๆฐๆใกใใใฃใฆใใผ๐ซถ๐ป ่ฒใใชๆ ผๅฅฝใใใฆใใใฆ๐ฅบ
ๅ จ่ฃธๅพ ๆฉ ๐x350
ใฏใฏใใซโจใฏใฏใใซโจ
ใ่ๅฟใใฆใ๏ฝ ๐x350
Stay up all night to welcome Hamcasters ๐๐
We be staying up all night ๐x69
What is f is ham caster? ๐ฅฒ
Itโs happening tonight fren https://paragraph.xyz/@deployer/the-mechanics-of-hamcaster?referrer=0x538c4f2afa012911851dadf0655cb61377e7a8eb
So itโs like a client like supercaster?
Ham a nice day๐ Have a great day! ๐ x 100
Ham a nice day! ๐x100
Thanks a million! Ham ham!
canโt wait! ๐x123
ใ่ใใพใงใ๏ผ ใใใใใชใใทใฃใน ๐x123
Good evening! Adult Hamuko๐ ๐ x 123
ใใใใจใใใใใพใ๏ผ ๐x130
ใใคใใใใใใจใใใใใพใโบ๏ธ ่ฏใ้ฑๆซใโจ
ใFarcasterไธๆดป่ท็5ไฝๅ ๅฏๅ ฌๅธๅๅงไบบโ ฃใ 1/5 Jacek Trociลski FID:15983 Username:jacek https://warpcast.com/jacek Jacek ๅบ็ไบๅ ๅฉ็ฆๅฐผไบๅท็ๅฃ่ซๅฐผๅก๏ผๆฏไบฒๆฏๆณขๅ ฐไบบ๏ผไปๅฐๅฎถๅบญ็ปๆตๆกไปถๅนถไธๅฎฝ่ฃ๏ผไปๆฏไธๅ Jacek ๅๅซๅจ IBMใ็ๅฃซไฟก่ดทๅๆณขๅ ฐ็ M-Bank ๅทฅไฝ๏ผไธ็ด่่ด็่ดทๆฌพใ 2023ๅนด๏ผJacek ่พๅป็จณๅฎ็ๅทฅไฝ all in web3๏ผๅฐ่ฏๅคไธช้กน็ฎ้ฝๅทฒๅคฑ่ดฅๅ็ป๏ผๅ ๆฌๅ็จ FriendTech ๆฆๅฟตๅจ Farcaster ไธ่ฟ่กๅฐ่ฏใ ็ดๅฐๅๆฅ๏ผไปๅ็ซไบDegenใ ๆดๅค่ง๏ผhttps://www.theblockbeats.info/news/54153
2/5 Ciniz FID:7251 Username:ciniz https://warpcast.com/ciniz ๅ็ซonchain gaias๏ผไธไธชNFT้กน็ฎ๏ผๆพๅฎฃ็งฐ่ฆๅไธไธช่ฎฉๆฎ้ไบบไน่ฝๆฅ่งฆๅฐ้็จไบบๅทฅๆบ่ฝ๏ผAGI๏ผๅผๅ็้ฉๅฝๆงๅนณๅฐ๏ผๅฆไปๅทฒไป้ซ็น่ท่ฝ๏ผcinizไน้ๆธๆทกๅบFarcasterใ
3/5 Toady Hawk FID:3642 Username:toadyhawk.eth https://warpcast.com/toadyhawk.eth The Nounsquare ๅๅงไบบใไธป็ไธๆกฃๆญๅฎข๏ผๅๅฎพๅ ๆฌJesse Pollack (BASE)๏ผ Luca Netz (Pudgy Penguins)๏ผ Jack Butcher (visualvalue)๏ผ Bob Burnquist (Pro Skater) https://zeropod.xyz/ ๆดๅค่ฏฆ่ง๏ผ https://youtu.be/jKN5K3bCxOs?si=kiiaFGsBnYdH6Wbz
4/5 Depolyer FID:4482 Username:deployer https://warpcast.com/deployer Hamๅๅงไบบ๏ผไธป็HamๅจWarpcastไธ็้ข้ /lp๏ผHamasterๆฏไธๆฌพSocialFiๅบ็จ๏ผๆณจ้็คพไบคไปฃๅธๅ็คพไบคๅฐ่ดน๏ผๅจๅ ถ้ข้ไธญไบๅจๅฏ่ทๅพHam็ๆ็งฏๅใ ่ฏฆๆ ่ง๏ผhttps://paragraph.xyz/@deployer/the-mechanics-of-hamcaster
ไป่ฟๆทกๅบไบๅ๏ผ
https://warpcast.com/ciniz/0x589484b3
168 $DEGEN
500 $degen
Hamcaster is coming ๐ https://paragraph.xyz/@deployer/the-mechanics-of-hamcaster
ไปๅค็ใงใใ ใใฃใใใซ้ๅใใใฏใคใซใใงใใใใงใใw
่้ ใใฎๅฟใใฆใw ๐x100
ใชใใไธ็ฌใใไพกๆ ผไธใใใชใใใงใใ็ใไธใใฃใฆใใใใจใใใงใใใญโ๏ธ ๐x290 $wild
LFH Hoshino-san!!! ๐ x 500
LFH Puff-san!!! Thank you
ใใใ่ฟใใญ๐ซก 250 $DEGEN ๐x100
ใ่ฟใใใใใจใใใใใพใ๏ผ
Ham a nice day๐ Have a great day! ๐ x 100
Thank you yama-san!!! LFH ๐ x 111
G'ham hoshino ๐x300
G'ham Jimosan!
Hamcaster is coming ! ๐ฅณ
What is Hamcaster? ๐ x 333 $WILD
thanks bro Introducing Hamcaster: https://paragraph.xyz/@deployer/the-mechanics-of-hamcaster
Thanks mate โก๏ธ
lfg! this is gonna be so lit๐ฅ