There is only one $DEGEN token, but there are currently two $DEGEN tipping systems on Farcaster with very different mechanics.
Tipping on Farcaster is a fun way to reward creators for their content but there are currently 2 systems making for a lot of confused newbies (like me).
Degen.tips is currently in Air Drop phase 2, Season 2 (Season 1 ended Feb 29, 2024). These tips cost you $0 to give out and are earned daily based on your Farcaster activity. Low quality "follow me" and "tip me" posts are not rewarded, so don’t cast that.
To check your balance daily, you must go to degen.tips, connect your wallet, and click the hamburger menu to find Airdrop 2 and click to see your daily free tip allowance.
***Air Drop 2 Claim began February 29 and runs for approximately ONE MONTH. CLAIM NOW IF YOU ARE ELIGIBLE***
The updated dashboard contains your daily allowance of tips as well as a running total of how many tips your have left for the day. The leaderboard also shows how many tips you have received and has a countdown for the next refresh.
To use these tips on Farcaster you simply reply to any cast with “XX $DEGEN” or “XX $degen” to tip. You must use the syntax exactly. For example, to tip 200, cast 200 $DEGEN or 200 $degen in your reply. You can use the command anywhere in your cast. Example: This is awesome 100 $degen
Please note: You can't keep these tips for yourself. They do not stack or rollover to the next day. You should use them all every day and tip casts and creators until you are out!
If you follow the bot @degentokenbase it should let you know your remaining balance inside Farcaster ***the bot is currently experiencing heavy load***
Official Degen bot.
Tips reset at approximately 7:35 AM UTC.
Source: Screenshot courtesy of Welp (@we)
You must have 10,000 $DEGEN tokens in your connected wallet to receive a tip allowance to tip on Farcaster. You can always receive tips without holding any tokens, but you can’t tip anyone.
Updates appear to happen every 12 hours so if you are actively engaged on the platform and not seeing any tips, please check again in 12 hours.
You can also check your allowance using Dune at this link: https://dune.com/queries/3408503/5721206
Scroll to the bottom and search for your username to see your daily allowance.
These tips DO NOT go into your Farcaster connected wallet. They are tied to your Farcaster account and are only trackable on the website degen.tips. You will not find them on Basescan or on-chain at this time.
There’s also a great FAQ on the website: https://www.degen.tips/faq If you are new this is a REQUIRED reading.
This system was created by @jacek. Be sure to follow him and show him some love. He’s very active and always answering questions.
Lead $DEGEN | https://www.degen.tips/
Here is a Frame that you can use to see your tips, your allocation to tip for the day, and track how much you’ve tipped all in one frame!
Now with updated logic: I update those values at 8:15 utc / 30min later than the original Degen.tips side. Remaining points are in neartime with a delay of 15 min and also the threshold of 7:35 utc for tips http://Degen.tips https://f.hellwach.io/farcaster/framegame/action/?method=degenallowance&ts=1221212
Degen Jeeves is a completely different tipping system. This is a separate project and not related to AirDrop 2 of Degen.tips
For the month of March, you should concentrate on tipping using the Air Drop 2 rolling mechanism above. Jeeves will come into play more once Air Drop 2 is complete
To use the Jeeves bot, you must follow the bot (@degentip) and create a new smart wallet.
Send $Degen in your casts 🎩 and maybe more 🎰 /jeeves Not working? Shout at @matthewfox. Degen Jeeves NFT : https://opensea.io/collection/degenjeeves
There is a frame on Farcast to help you through the set up process. Only interact with the official frame pinned to the top of the /jeeves channel.
Your favorite $Degen butler in a frame! - Create a wallet 🆕 - Check your Balance 💰 - Browse commands 📣 More features will be added over time 🎩 🥂 Always easily available from the pinned post in /jeeves https://www.degenjeeves.com/
This is connected to a real smart wallet that you can fund with $DEGEN tokens you've purchased (or were air dropped if you are lucky!)
If people tip you using the bot commands (or you tip others), those tips go into your registered wallet that you created with Jeeves. These tips are tied to real, trade-able $DEGEN tokens and potentially real money. They DO NOT reset daily. You are not given any free to tip anyone. You must use the bot commands when replying to casts to tip. They are not based on your Farcaster engagement. They are NOT free! Please check the price of gas before tipping! A small, but thoughtful tip could cost more in gas than the tip is worth! Please be mindful.
To tip with Jeeves in a cast, the (@)degentip !tip command MUST be the first line of the cast.
if you want to learn more about the project, follow @matthewfox and the /jeeves channel. He’s very quick to reply to questions.
Expirement👀r | Doing the thing | Founder @ exhale.studio | Building @ Jumpnation.xyz | Building something new in 2024 ✈️ current hobby : @degentip
Shoutout to @qsteak.eth for helpful feedback to add to this guide!
Thanks for reading. If you have any feedback please reach me on Farcaster. Tips always appreciated 😉
Web3 enthusiast. Still believes in it after all the mess and rugs and shills and liars. In Japan for Sakura and Momiji! (Cherry blossoms and red leaves)
Over 2.1k subscribers
Good informative article!
does anyone have a beginners guide we can send people to when they have questions about how DEGEN tips work? something quick and easy to get people up and running? feel like new people have no idea how to get started (and even old people aren't sure how certain changes have impacted the process)
https://media.tenor.com/rhCB_U2lyiIAAAAC/ride-or-die-ella-lopez
https://paragraph.com/@rjs/degen-tips-ultimate-faq-v8?referrer=0x97c77079530a75a0d85607c6dbe637e0b042929a
Yep this is me haha
Stopped tipping degen long ago so it felt like everything about degen left my brain😅 I think pichi should have a guide
@pichi you wouldn't happen to have a simple guide would you?
hey @kenny @pichi imma get $degen to programagically tip each time you interact with anyone on farcaster cc: @jacek in your tg dm's right now hehe
My guide is a year out of date!!!! Things change too fast.
Wayae waye .
gm bros
gm wab
🅱m bro 420 $DEGEN
finally only 1K more points until i can tip
thats not how any of this works wab https://warpcast.com/articuno.eth/0x47f13834
https://paragraph.xyz/@pichi/degen-tipping-on-farcaster?referrer=0x19d8da2674e8a025154153297ea3ab918debf96d
gmgmmm
gm boss brotherman
Wabbo
Why do people keep commenting (number) $degen. I'm so sorry in just a little confused! Hahah. I can't. Believe so many people welcomed me on this app overnight!!! Wow! You are all so amazing. Thanks @articuno.eth for telling me to come over here!!!
that's ppl throwing free money at you haha 420 $DEGEN study this https://paragraph.xyz/@pichi/degen-tipping-on-farcaster?referrer=0x19d8da2674e8a025154153297ea3ab918debf96d
Ty boss! Dude. I bought warps thinking it was the same thing. 😂😂
💀💀💀 make sure to study the links I sent you earlier too
anyone have a good guide for how the degen tip allo works? lots of twitter folks asking me about it
so the only question I have is: total airdrop amount per season (i.e month) is predefined. Airdrop is supposedly 1:1 with points. Hypothetically if 10 million users join tml, what happens to the tips already given out (and to daily allowances) for rest of the month.
https://paragraph.xyz/@pichi/degen-tipping-on-farcaster?referrer=0x19D8da2674E8A025154153297ea3AB918DebF96d
Please support my art. I shared it in a new post🩵 https://warpcast.com/1aorg/0xb59e9d0e
https://warpcast.com/wake/0xb3ea146c Got you brudda 🤝
Hi @PiChi. I saw your article while DYORing. If you have free time, I want to get your perspective if you think $degen and $degen tips are currencies. I would DC you, but I don’t have that option. If you see this, let me know if u r up for a chat. 25 $degen https://paragraph.xyz/@pichi/degen-tipping-on-farcaster
Was wondering what was the correct syntax for using tips, thanks @pichi for writing this and @sorto.eth for sharing https://paragraph.xyz/@pichi/degen-tipping-on-farcaster
Ok fr guys what does one rly do to get started in /degen ? The dashboard shows I have a decent daily allocation - but I've not even created my degentips wallet. Can someone explain in detail what needs to happen to qualify for season 2? Also, how can I use airdropped degen sitting in FC wallet for season 2?
there's also a good one here from @pichi https://paragraph.xyz/@pichi/degen-tipping-on-farcaster
Thanks for this! Btw can one withdraw from their /degen /jeeves wallet?
I’m about to type a long ass guide then I remember @wake ‘s nifty $degen guide here https://warpcast.com/wake/0x94ae7a6d
$DEGEN 101 https://paragraph.xyz/@pichi/degen-tipping-on-farcaster
did you sell your 10k degen?
No I didn’t do anything
thats' weird, might be a bug, @jacek might be able to help
and seems its not only you if makes u feel better about it https://warpcast.com/metamonk/0xc2ea2afc
Maybe bc I didn’t claim or anything. But I also need to figure out what points means
The $degen airdrop I got for replying to people on fartcaster is now worth 20k https://x.com/notfrydoteth/status/1770444231506796776?s=20
you're still holding.
haven't sold a single token
You only not sell in 2 conditions. 1. You forget you had token in your wallet. 2. You have conviction in the project and you wait for it to play out as you planned.
why mine is worth 10 bucks? 😜 Am i not a good reply guy?
Congrats Fry! Btw, I saw you had a shadowban in the past. Could you please share how did you manage to get out of it? Seems like I'm in one for the past few days
Based and degen pilled
and will go higher
wow!
Will be crazy when it’s $200k
higher brother 200 $DEGEN
HIGHER
maximum silliness is that becoming $2 million dollars
I'm already preparing myself for $200k but I cannot possibly imagine $2 million dollars that would simply be too good of a thing to happen to me
Deserved 200 $DEGEN
Gm yay!! @violetbond is in the house! Only pushed a bit for this 😅🔥🖤🫶🏼 Welcome friend!!
Hay Grl!!!! I'm completely lost haha I'll work it out, I appreciate the hustle 🖤
I’ll link some good channels to start with in a minute. And go read this https://paragraph.xyz/@pichi/degen-tipping-on-farcaster?referrer=0xc947d1a742bf244532c856a2d74caa4dd851ec6799fa2eb6d2fe6ea74cf020a0 (just click read online)
Channels you might like: /tezos /objkt /concept-photo /photography /art /cryptoart /degen /flora /behindthescenes /sketches /gifart /superrare