1M $DEGEN Raindrop: @yes2crypto.eth is making it rain 1M $DEGEN to users the create videos on why they love crypto. You can find all the details in this cast and read the fine print in this cast. Essentially create an authentic video and share it to the world earn a share of 1M $DEGEN.

$DEGEN Cast Data: Yesterday there were over 24K casts with $DEGEN in it, up 30% from last week and up 226% from a month ago. Thanks to @tybb for the data.

Degen Vault Audit: The team had the Degen Vault audited by Spearbit one of the top security firms in the space and passed successfully!

ITO added to Degen website: Initial Tip Offerings (ITO), powered by @degenpad were added to degen.tips making it easy to discover and support projects launching ITOs. ITOs are funded by people using their tip allowance to earn tokens in return.

Tip Allowance Rollover: @jacek announced today that unused tips from the last 3 days will now roll over to the next day. This means that if you have 1000 tip allowance and don't tip for 3 days, on the 4th day your allowance would be 4,000. If still unused than it resets.

$DEGEN continues to be the best reward mechanism: Great cast by @mazmhussain talking about his experience with $DEGEN. It continues to be the best way to reward people for good content. That's what made $DEGEN special and what will always make $DEGEN special. Remember, see good content - tip $DEGEN. Post good content - receive $DEGEN.

Earn $DEGEN with Raindrops: Raindrops are a great way to distribute and earn $DEGEN. There are two great dune dashboards that make it easy to find casts that using Raindrops to spread $DEGEN. The first dashboard is by the Degen team that you can find here. The second dashboard is by @saxophone55.eth that you can find here.

Claim your $DEGEN: Just a reminder to claim your $DEGEN. Currently 83% of tips were claimed from Season 6 but only 35% of Raindrops have been claimed. Use degen.tips to claim. (h/t to @scryptoguy)

Good Overview of current DEGEN moderation: @standpoint.eth gives us a great summary of Degen moderation. In total only 58 users have been identified as unauthentically tipping for a total $DEGEN value of 1.45M (5M $DEGEN can be tipped each day). The mods have reached quorum 87 times out of 228 downvoted casts. Find the full cast with more details here.

Claim Day: Airdrop 2 Season 6 tips and Airdrop tips are now available to claim. Visit degen.tips to claim your rewards.

Degen Season 6 recap: @jacek casted some stats today: we saw 7L unique daily tipers and around 28K tips per day. Which was a spike from previous seasons.

Introducing DegenCast: /degencast created by @liang enables onchain content curation on Farcaster. Users stake $DEGEN tokens to propose and curate content, mint tokens on a bonding curve, and trade them on Uniswap. You can read more about it here. Launch soon!

Tipping Allowance Change coming: Yesterday @cadillion casted that there will be changes to tip allowance for Season 7. The core mechanics are staying the same but there will be some tweaks such as using more of the OpenRank data and more.

Degen Bounties: @kenny founder of /poidh posted a great thread with bounties to earn $DEGEN. You can find the thread here. As a reminded Pics or It Didn't Happen is a platform that allows users to complete bounties by taking pictures. A bunch of pretty easy bounties to earn $DEGEN.

Degen Bridge Fees: Today @jacek announced that fees have been dropped and it is now free to bridge to Degen chain. The bridge run by @decentxyz is now also canonical.

Use $DEGEN to Bet on Olympics: Bet on the Olympics with $DEGEN using @bracketgame. On Tuesday Women's Gymnastics begins and trading on bracket.game will open. 500K+ $DEGEN at stake. BracketGame is super easy to onboard and lots of fun.

$DEGEN Pool: @pichi casted a poll using @ponder gated to $DEGEN holders. The results are interesting and they also broke down the data via power badge holders, Farcaster OGs, popular casters and more.

1.2M $DEGEN Prize Pool: @farfantasy is running a league with a 1.2M $DEGEN prize pool (~$8K). The league is the first Season of Satoshi. Buy cards, craft your deck and compete against others.

Use Products -> Earn $DEGEN: Many projects have launched with the ability to earn $DEGEN by using their project. Farthercast.xyz allows users to use multiple accounts, schedule casts, get analytics for users and more. Every time you use @farthercast you receive points. Climb the leaderboard and earn $DEGEN. Created by @web3withmark, the pool is 50% of all $DEGEN tipped to @farthercast and they also burn 30% of the token. You use credits to do things on Farthercast but receive credits when you tip. It's a cool flywheel of incentives.

Auto Tip with MicroSub: @microsub, created by @downshift.eth, allows members of the $DEGEN community to automate excess tip allowance to creators in the Warpcast ecosystem. As downshift says "set and forget it". Nominate creators here!

DEGEN buyers last 7 days: Data provided by @tybb shows the top $DEGEN buyers in the last 7 days. Great to see longtime $DEGEN community members. Find the data here or in the screenshot below.

Dedegen Dashboard: @4cademy.eth continues to provide great dashboards for the community. Yesterday he released a Dedegen Dashboard to keep track of how many casts were disqualified, how many downvotes were given and more.

Season 6 Debate: Naturally there was some debate about Season 6 and The Crucible which will identify bad actors farming $DEGEN. @jacek had a great thread about the topic that you can read here. It's simple: 1. see good content, tip $DEGEN 2. cast good content, get tipped $DEGEN.

OKX Listing: It was announced today that $DEGEN has been listed on OKX, a popular centralized exchange. We've seen more than 2x volume since the listing.

$DEGEN Perps: $DEGEN is now available for perps trading on dYdX allowing users to trade with leverage on $DEGEN.

Degen Bridge Full Operational and Safe: Last week @tempetechie.eth explained his story of losing funds by bridging out of the Degen L3, this caught a lot of traction. Yesterday, @tempetechie.eth posted a thread explaining in detail how the bridge is back with no slippage.

$DEGEN/$LDEGEN Gated Polls: @ponder allows for the creation on polls on Warpcast. Today they announced that users can now create Ponder polls and gate the responses of holders of $DEGEN, $LDEGEN and Degen chain NFTs and tokens.

Introducing "The Crucible": The Crucible is a group of moderators that will govern $DEGEN tipping. If they think tipping on a cast is farming, they can cast "dedegen" on the cast. If 5 or more moderators cast "dedegen" all the tips in the cast will be nullified. There will be 20+ moderators you can find a majority of them in this cast by @wake. You can also read more about The Crucible in this cast here and by following the /crucible.

Wildcard Tip Leaderboard and Moderation: You can use @lolwildcard to see casts tipped today, ordered by total tips on them. @jacek also mentioned that he is working with the team to clean up low quality $DEGEN posts. "We’ve got something cool in the works for post moderation."

Degen Casts Rising: Using @tybb data, $DEGEN casts are up 148% from a month ago and 15% from a week ago. Yesterday there were 21,700 $DEGEN casts compared to 18,826 a week ago and 8,717 a month ago.

Jeeves.Market: @degentip team working on trades for Jeeves Market. As a reminder the Jeeves marketplace launched last week and is a place to buy NFTs on the Degen L3. They recently added Degen Onchain Punks. Keep paying close attention, the team is always shipping!

Degen Tipping Stats: It's been a little over a week since Season 6 went live. Since it's launch we have seen an increase in daily number of tips and daily unique tippers. It's back to numbers comparable to early February. (h/t to @rchen8 for the data)

Question for the Community: @wake casted a question for the Degen community: "Who is the best tipper? Who has kept the spirit of the project in mind? Participated fairly, consistently, with good humor, patience, and humility?" If you have some suggestions respond to his cast here. His question is a good thought experiment to ask yourself if you are a good tipper as well.

Farming Discussion: As $DEGEN popularity has risen, people continue to try and game the system and this season is no different. Lots of great discussion happening in the /degentokenbase channel.

Airdrop 2 Season 6 Dashboard update: @4cademy.eth update their dune dashboard and included a widget that shows what happens to the 5M $DEGEN tip pool each day. It fluctuates but between 60% and 77% is being tip each day.

$DEGEN <> Skateboarding: Skatehive.app is an onchain skateboarding community created by @skateboard. It's a great app with profiles, a feed to post content, a map and more. They integrated $DEGEN and its one of the tokens that you can airdrop to people on their app.

Tipping Clients: @lolwildcard has entered the mix of another client that makes it super easy to tip $DEGEN. @supercast and @memecaster also enable tipping natively in app. Wildcard has made it easy to tip $DEGEN using their sliding scale or a percentage of your daily allowance. You can try Wildcard here.

Effected by Degen Bridge?: If you lost funds while bridging using bridge.degen.tips from Degen to Base you can fill out this form by July 19th, 12:00 UTC. The team will be verifying and reimbursing next week.

POIDH Bounty: POIDH could be featured everyday as @kenny and team continue to ship great bounties for people to earn $DEGEN. There is currently a bounty for 10k $DEGEN (~$65) for somebody to add value to their community. You can find more about the bounty here, best selection will be picked on July 23rd at 10am PST. To date they have had 560 bounties created on the Degen L3 with nearly 300 completed.

Great thread on LDEGEN: @woj.eth casted a great thread on LDEGEN. His key points are: 1. reward people with skin in the game 2. much less farmable 3. tipping = best growth strategy 4. tipping quality improved 5. predictable emissions. Find the entire cast here.

Degen Direct Cast Scam: Saw a scam Degen direct cast message being shared on the timeline. Always be careful and move slow before interacting with anything. Check @jacek feed for any updates!

$DEGEN Tip Efficiency: @4cademy.eth created another great dashboard that shows how much $DEGEN is actually being tipped vs $DEGEN available to tip. Currently tip efficiency is between 70-80%. See the data here.

Degen Border on Moshicam: @moschicam is an onchain picture sharing app. When you take a picture you can choose from a variety of preset border options. This week with the help of @floc they launched another Degen themed border. Try out the app today!

Introducing Jeeves Market: The @degentip team shipped Jeeves Market allowing users to buy and sell NFTs on the Degen L3, browse their holdings, see trading activity and DM others. The Jeeves team continues to ship great products for the Degen Ecosystem. Make sure to download the Jeeves app for your phone if you haven't already.

UniV3 Fees Collected: @jacek posted today that he collected the Uniswap V3 fees for the past 6 months which in total was 69ETH (54M $DEGEN or $567k). $45k went to Gentleman Labs which focuses on tech for the Degen community, fostering innovation and experimental projects. 260k went to Degen Foundation which manages governance, ensuring decentralized control, community engagement, and compliance. The remaining $260k went back into the liquidity pool.

Degen Bridge: Today @tempetechie.eth wrote a thread on his recent experience in which he lost 785k $DEGEN when bridging from Degen chain to Base. He highlights some things you should be mindful of in a full thread here. One of the biggest issues is there is not enough DEGEN/ETH liquidity so their is a ton of slippage when bridging back to Base.