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.
Deployer
Over 800 subscribers
What is the chain that you do not need to lock to have allowance? That the tips are received immediately? Please, @plantsnft tell me.
/lp The ham chain built by @deployer You also can create a child token of $tn100x that is instantly tippable too 420 $plants
Oh, you're right. I forgot about it. I think a lot of people should look more into it. Thanks for the plants. I will create my child token soon as you did with your plants 🍖x400
@alexescd.eth tipped @plantsnft 400 $HAM. It will be deposited to your wallet on Ham chain shortly.
I would like to know how the token itself created in the HAMchain works. Does it require a mandatory assignment to be able to give it value? I think it is supported by precisely that.
I will study https://hamcaster.com/ to answer your questions
Ummm... interesting!
The countdown is on! Ham Caster! Tonight! (For us AEST and JT folk) Hamuko: Alarms are set 🫡 Don’t want to be sleeping through this one. ハム子: これで、よしっ…と。 ほゎ、エライおめかししてるね。 ハム子: 特別な日ですからね。 キャスターロンチだったもんな。
一時の盛り上げ以上の存在になってくれたら良いですよねー☀️ 🍖x290
正直どうなるか分かりませんよねw 価格落ちたりしてw 🍖x300
What's your ticker symbol? 🍖 x 150
まだ考え中…。 $HAMUKO 笑 Probably $KEN OR $KENJI I guess. A bit boring tho 🥺
結局 $KEN になりましたよ~。
ハム子めっちゃ大人っぽくなった🫶🏻 🍖 x 500
今日だけです~w でも、色々女の子だし、色々な服装試したいよね。 🍖x500
女子の気持ちわかってるー🫶🏻 色んな格好させてあげて🥺
全裸待機 🍖x350
ワクテカ✨ワクテカ✨
お肉忘れてたw 🍖x350
Ham a nice day😆 Have a great day! 🍖 x 100
Ham a nice day! 🍖x100
Thanks a million! Ham ham!
can’t wait! 🍖x123
お肉さまです! よろしくオナシャス 🍖x123
Stay up all night to welcome Hamcasters 🙂🙃
We be staying up all night 🍖x69
What is f is ham caster? 🥲
It’s happening tonight fren https://paragraph.xyz/@deployer/the-mechanics-of-hamcaster?referrer=0x538c4f2afa012911851dadf0655cb61377e7a8eb
So it’s like a client like supercaster?
Good evening! Adult Hamuko😍 🍖 x 123
ありがとうございます! 🍖x130
いつも、ありがとうございます☺️ 良い週末を✨
《Farcaster上活跃的5位加密公司创始人Ⅳ》 1/5 Jacek Trociński FID:15983 Username:jacek https://warpcast.com/jacek Jacek 出生于加利福尼亚州的圣莫尼卡,母亲是波兰人,从小家庭经济条件并不宽裕,他毕业后 Jacek 分别在 IBM、瑞士信贷和波兰的 M-Bank 工作,一直背负着贷款。 2023年,Jacek 辞去稳定的工作 all in web3,尝试多个项目都已失败告终,包括借用 FriendTech 概念在 Farcaster 上进行尝试。 直到后来,他创立了Degen。 更多见:https://www.theblockbeats.info/news/54153
2/5 Ciniz FID:7251 Username:ciniz https://warpcast.com/ciniz 创立onchain gaias,一个NFT项目,曾宣称要做一个让普通人也能接触到通用人工智能(AGI)开发的革命性平台,如今已从高点跌落,ciniz也逐渐淡出Farcaster。
3/5 Toady Hawk FID:3642 Username:toadyhawk.eth https://warpcast.com/toadyhawk.eth The Nounsquare 创始人。主理一档播客,嘉宾包括Jesse Pollack (BASE), Luca Netz (Pudgy Penguins), Jack Butcher (visualvalue), Bob Burnquist (Pro Skater) https://zeropod.xyz/ 更多详见: https://youtu.be/jKN5K3bCxOs?si=kiiaFGsBnYdH6Wbz
4/5 Depolyer FID:4482 Username:deployer https://warpcast.com/deployer Ham创始人,主理Ham在Warpcast上的频道 /lp,Hamaster是一款SocialFi应用,注重社交代币和社交小费,在其频道中互动可获得Ham生态积分。 详情见:https://paragraph.xyz/@deployer/the-mechanics-of-hamcaster
他还淡出了啊!
https://warpcast.com/ciniz/0x589484b3
168 $DEGEN
500 $degen
Hamcaster is coming 👀 https://paragraph.xyz/@deployer/the-mechanics-of-hamcaster
LFH Hoshino-san!!! 🍖 x 500
LFH Puff-san!!! Thank you
今夜皆でハムチャットに集合〜。ワイルドでもいいですがw
肉配るの忘れてたw 🍖x100
なんか一瞬しか価格上がらなそうですが盛り上がってくれるといいですよね☀️ 🍖x290 $wild
これお返しね🫡 250 $DEGEN 🍖x100
お返しありがとうございます!
Ham a nice day😆 Have a great day! 🍖 x 100
Thank you yama-san!!! LFH 🍖 x 111
G'ham hoshino 🍖x300
G'ham Jimosan!
🍖🍖
Hamcaster is coming ! 🥳
What is Hamcaster? 🍖 x 333 $WILD
thanks bro Introducing Hamcaster: https://paragraph.xyz/@deployer/the-mechanics-of-hamcaster
Thanks mate ⚡️
lfg! this is gonna be so lit🔥
This article has been updated with all the latest Hamcaster information! Hamcaster is a socialfi trading app with built in defi primitives like staking tokens for rewards and locking tokens for votes. Coming soon :) Please share if you feel so inclined 🍖 https://paragraph.xyz/@deployer/the-mechanics-of-hamcaster
Hell yeah! LFG!!! 🍖x1000
Hamcaster is just...beautiful Social fi as it is meant to be I really love it and look forward
we love the ham
🍖 x5000
weee ty for featuring my infographic deployer 🫶🏻
Yesss!!!
Ham to the moon 🍖🍖🍖🍖⚡️
Read up and waiting on launch. Still keen for day 1 participation.
I'm looking forward to it being implemented✨
thank u!
We love the ham! Can’t wait to see this in action!
Was asked if Caster Tokens are similar to Moxie Fan tokens. They are similar in that it is a token that represents a Farcaster account. Sharing this doc again https://paragraph.xyz/@deployer/the-mechanics-of-hamcaster It's the economic engine of Ham. You can decide how much of your daily Ham allocation and tips go to those that buy and stake your token. This happens automatically. Remember Ham is backed 1 to 1 with $TN100x. Stakers earn liquid Ham yield. Your Caster Token is also tippable in the social feed so you can give it away as a reward. For example I can tip 100 $DEP to someone on Warpcast and then they can go stake that and earn $HAM. You get a % of every trade of your token and part of all trades go to top pools.
Thank you. This is a greater answer than i would've imagined.
So I got a Q Can we all have our caster token or like Moxie we need to apply for having a caster token and you will decide who can have caster token?
Moxie fan tokens will be self service, it’s only this initial launch period that is being released at auction. Will ham caster tokens be available to all right out the gate? No idea.
my thing is that with the fact of how big moxie is, effect of some tokens getting released before others will be big. there will be huge value gap between these auction tokens VS when they all be self service
probably an unrelated question, but would we be able to choose the name of our ticker? cos i would really love to have mine as $RYL lol
you sure can! 100 $RYL
yay! omg 🫨 i can start tipping $RYL now?
You know someone will make $DAGEN right?
Omg can I claim $lemon as my ticker now?
Keep deploying. I’ll be here everyday to support!
When will this start?
Are there channel tokens?
Negative
Still dope
Wish I could “like” this more than once 🍖x669
love it! excited to try out <3
Damn, can't wait
whoaaa game changer when is the deployment??
https://paragraph.xyz/@deployer/the-mechanics-of-hamcaster
I just subscribed to @deployer on /paragraph! Check it out:
Gham fam! So based on @deployer’s post (linked below), I made an infographic on everything you need to know about Hamcaster 🙂 I’m personally super excited for Hamcaster’s launch and I hope this helps you know more about it before it launches, help spread the word! LFH 🍖 https://paragraph.xyz/@deployer/the-mechanics-of-hamcaster?referrer=0x538c4f2afa012911851dadf0655cb61377e7a8eb
They are cooking! 🍖 x 69 https://zora.co/collect/base:0xbcd87ffabb94059cd131e2a4b1715c602f67baa8/1?referrer=0x9C51532Ef51ab720514b5acAf97Fe6C600FbFb54
Amazing. That was very helpful is it a a full fledge client app? That’s what I’m unsure of
ty! hmm from what i understand, i think so, similar to wild perhaps? maybe @deployer can confirm this
It's not a Farcaster client. There's not a feed. It's where you'll create your caster token, collect others, stake, and collect your rewards! Social interactions will still take place through Warpcast or other clients.
🍖x1000
tysm commstark ❤️
That info graphic tho 😍😍😍😍
ty poster! ❤️ 😊
this is soooo good! Thanks for making this 🍖x5000
tysm codin! hope it was helpful 🫶
Amazing infographic well design, great color pallet and I love that it matches the color of Hamcaster ! Am I allowed to use this in my future contents while mentioning your name as creator ? 🍖 x 300
thanks reza! yes sure, mentioning/crediting would be very much appreciated :) ty!
Thanks for the infographic! 🍖 x 420
most welcome and thanks king kyle! 🫶
Beautiful Cheryl! Thank you 🍖 x 169 $wild
thank youuu duna! ❤️
Awesome infographic!!! 1024 👏 🍖 x 100
thank you king! 🥰 ❤️
💚 ty 🍖 x 1000
ty am 🥰 hope it’s helpful! ❤️