F A R T H E R ✨

Farcaster

Exciting changes coming to /farther. I think it sounds like a great idea! Incentivizing people to help others grow is such a great idea for /farcaster. 

I love what you’ve been cooking @gigamesh!

musician: gigameshmusic.com | dev: github.com/gigamesh

Exciting changes coming to /farther. I think it sounds like a great idea! Incentivizing people to help others grow is such a great idea for /farcaster. 

I love what you’ve been cooking @gigamesh! 

https://paragraph.xyz/@farther/farther-v2

It means your allowance depends on your open rank , and your claimable airdrop also depends on how much your open ranked has increased depends on your activity during the season,
Am I understand right ?

Farther V2 starts Aug 1, and I couldn't be more excited! 

What's new?

1) Tip Scores = ($farther tip amount) * (% change in engagement score since the tip * 10,000) i.e., If I tip 150 $farther and the tip recipient's engagement score goes up by 0.03% (score is updated every 6 hours by OpenRank), then my tip score is 450.  (150) * (0.03% * 10000) = 450 tip score

2) Tipper Scores = The average of all Tip Scores. At the end of the szn, tippers with positive scores receive a share of a rewards pool proportional to their score.

3) Rewards pool: The monthly rewards pool starts at 1m $farther.

4) Same daily allowance for everyone: this season is focused on tipper score and rewards.

5) No tip restrictions.

6) Tip recipients must have >100 followers to prevent farming.

7) The daily allowance targets $3000 worth of $farther, adjusted based on token price at reset.

What's the same?

1) A balance of 100k is required to receive a tip allowance.

Lmk if anything needs to be corrected! cc @gigamesh @farther

Your current OpenRank engagement score (not rank) doesn't matter, what matters is the percentage increase over the season, so tippers are incentivized to tip tippees who will gain a lot of engagement score throughout the season!

No one cares about your story until the Win ,
So Win !

I got it now bro !!
It's fabulous, I'm get in

Basically, you want to tip people and then promote them is my read on it.

Your current OpenRank engagement score (not rank) doesn't matter, what matters is the percentage increase over the season, so tippers are incentivized to tip tippees who will gain a lot of engagement score throughout the season! https://warpcast.com/nikdmello.eth/0xa8681f28

No you kinda misunderstood.

@nikomfer.eth wrote a better cast explaining it than I can.