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)
A friend of mine that is relatively new to Farcaster got tipped some DEGEN recently. They were curious what it meant for them.
What's the best 1-2 links to send them to explain the ecosystem and how to get set up?
cc @jacek
J. Valeska 🦊🎩🫂
11mo
first.. need a verified wallet..
you know.. to account and claim the tips..
then.. it is ready
Hey! Just saw this—best place to start is the Degen.tips airdrop page. It could be clearer, so I’ll work on better resources soon. For now, all they need is to connect a wallet to their Farcaster account and claim with it on airdrop day! 500 $DEGEN
Does anyone have a current chart showing how much x amount of degen locked up get you in allowance (baseline + rank boost)?
For example 10k locked = x etc?
Thanks!
Stuart
1y
Not sure but FWIW I've got 40k locked and I'm at 578 allowance, a little of that is from boost but not a lot. I think it's like 125 degen per 10k or something roughly.
Manu Williams 🎩🔵🏒 🧬
1y
Thanks @olystuart ~ I was hoping to get a baseline because a lot depends on your boost as you mentioned.
I have 10k locked and have 500 allowance for example.
50 $degen
Thanks for the calculator @midnightmarauder.eth ! I still can’t figure out how much my boost would be. Does the boost stay the same based on OpenRank or does it increase exponentially based on how much I lock?
100 $degen
Midnight Marauder
1y
Ty, the boost is from openrank.
You can check here. Scroll far right after putting in FID or username
https://dune.com/queries/3909070
Midnight Marauder
1y
Oops, it’s late here it stays the same
Metaphorical
1y
Degen Stats action.
Metaphorical
1y
sorry “check degen stake” action
Manu Williams 🎩🔵🏒 🧬
1y
Thanks but it doesn’t tell me how my allowance would increase if I were to lock 20k for example.
Metaphorical
1y
should be straight multiple as it’s based on %age of total staked
Daniel McGlynn
1y
Working on something about how people are using degen to support creators on FC.
What's the best source for how tips are moving through the system? I found a bunch of really great Dune dashboards, but still looking for something more closely related to the tipping economy.
Does a data source like that exist?
All comments (37)
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
Wayae waye .
A friend of mine that is relatively new to Farcaster got tipped some DEGEN recently. They were curious what it meant for them. What's the best 1-2 links to send them to explain the ecosystem and how to get set up? cc @jacek
first.. need a verified wallet.. you know.. to account and claim the tips.. then.. it is ready
I wrote this in March A bit outdated but still informative https://paragraph.xyz/@kaloh/dollardegen-more-than-a-meme-coin
330 $Degen @jacek sent me here 🎩
1000 $degen
degen.tips
Recently sent these to a friend: https://www.loom.com/share/d92582f2255c492b80619267b16bf2b7 https://www.loom.com/share/e32a51d3e4cd4c568dbeb8a1cd225d59
thanks sugar. still in the dark on this ourselves
Just ignore and move on
Hey! Just saw this—best place to start is the Degen.tips airdrop page. It could be clearer, so I’ll work on better resources soon. For now, all they need is to connect a wallet to their Farcaster account and claim with it on airdrop day! 500 $DEGEN
we love to see it. id say degen.tips, /degen, and the below pod ep. @cadillion on a pod: https://open.spotify.com/episode/5PqvSV98aZ2zsoox3cm1c4?si=bebcTwvPRPSxo2meZ0kalQ have your friend reach out with any questions. Happy to speed run them into whats happening. here is my remaining balance for the day. 40 $degen
69 $DEGEN
Happy holiday season 🎄🤍🕊️💫 700 $degen
how does @openrank work?
I explain it here, even comes with an animated GIF 🫡 https://paragraph.xyz/@rjs/degen-tips-ultimate-faq-v8#h-10-deep-dive-openrank
Does anyone have a current chart showing how much x amount of degen locked up get you in allowance (baseline + rank boost)? For example 10k locked = x etc? Thanks!
Not sure but FWIW I've got 40k locked and I'm at 578 allowance, a little of that is from boost but not a lot. I think it's like 125 degen per 10k or something roughly.
Thanks @olystuart ~ I was hoping to get a baseline because a lot depends on your boost as you mentioned. I have 10k locked and have 500 allowance for example. 50 $degen
@manuwilliams you will have to enter the current pool value, 807 million rn. https://lockcalculator.vercel.app/
Thanks for the calculator @midnightmarauder.eth ! I still can’t figure out how much my boost would be. Does the boost stay the same based on OpenRank or does it increase exponentially based on how much I lock? 100 $degen
Ty, the boost is from openrank. You can check here. Scroll far right after putting in FID or username https://dune.com/queries/3909070
Oops, it’s late here it stays the same
Degen Stats action.
sorry “check degen stake” action
Thanks but it doesn’t tell me how my allowance would increase if I were to lock 20k for example.
should be straight multiple as it’s based on %age of total staked
Working on something about how people are using degen to support creators on FC. What's the best source for how tips are moving through the system? I found a bunch of really great Dune dashboards, but still looking for something more closely related to the tipping economy. Does a data source like that exist?
Sounds cool! Looking forward to it. Hopefully you've seen the "ultimate FAQ" lists by @rjs? Best source I've found for helping me understand all things degen. https://paragraph.xyz/@rjs/degen-tips-ultimate-faq?referrer=danicaswanson.eth
Nice, this is great. Thanks for sharing.
If you're new to Farcaster and trying to work out your Degen from your Power Users. This guide from @rjs is very helpful! https://paragraph.xyz/@rjs/degen-tips-ultimate-faq-v8