BaseFriend Tipping Is Live: Say Cheers 🍻

By Chef 🔑

BaseFriend Tipping Is Live: Meet CHEERS 🍻

BaseFriend Tipping is live, giving our community a new way to recognize the creators, conversations and people who make Farcaster worth coming back to.

We are introducing CHEERS as our tipping and reward token. $KEY continues to power the existing Creator and Club key markets: you buy Creator or Club keys with $KEY and stake those keys to qualify for a daily tipping allowance.

You can tip now. Accepted tips are recorded toward the recipient’s future CHEERS balance. The CHEERS token launch is planned for around the end of the first month of Season 1. Claiming opens after token launch and the relevant reward period has been finalized.

The programme runs for one year, with four seasons of three monthly periods each.

How you receive a daily allowance The daily allowance budget has three groups:

• 70% — Key staking: general participants need at least 15 staked Creator or Club keys, across one or more markets. Claimed creators qualify for the Unit-based staking allocation from their first staked key.

• 20% — Claimed creators: verified owners of claimed Creator markets receive their share of the creator allocation even if they have no staked keys.

• 10% — BaseFriend Crew: this group is divided equally among selected Crew wallets.

Claimed creators do not need to stake 15 keys. With at least one staked Creator or Club key, their Units count toward the staking allocation in addition to their creator share. Without any staked keys, they still receive their share of the 20% creator allocation.

Allowance is your capacity to send tips to other people. It is not a balance you can claim for yourself. Received tips build the recipient’s reward balance; they do not automatically increase that person’s sending allowance.

How Units work Staked keys carry different tipping weights. Each key’s multiplier is shown in its market information.

The base multiplier ranges from 1Ă— to 7Ă—. When the Creator or Club is claimed, its key receives an additive +2Ă— bonus, giving a maximum market multiplier of 9Ă—.

Units = staked key count × the key’s tipping multiplier.

For example, one staked key showing 7× contributes 7 Units—the same allocation weight as seven staked keys showing 1×. A 7× multiplier becomes 9× after the claimed bonus; it does not double to 14×.

For general participants, the 15-key threshold counts actual keys, not Units. Claimed creators have the one-key exception described above. Units determine the staking-based portion of your allowance:

Your Unit-based allowance = your eligible Units ÷ total eligible Units in the staking pool × that pool’s daily budget.

Your total allowance is the sum of the groups you qualify for. The amount can change as other participants’ stakes and Units change.

Daily snapshots and resets Allowance is fixed for each UTC day from the verified staking snapshot at the daily boundary. Stake increases, withdrawals and boost changes during a day affect the following day’s calculation.

Unused sending allowance does not carry over to the next day. Accepted tips stay recorded toward the recipient’s reward balance.

The allowance schedule

The programme starts at 300,000 CHEERS per day in month 1 and 280,000 per day in month 2. Daily budgets then decrease in steps over the rest of the year. The total programme budget is 70,000,000 CHEERS across 365 days.

Amounts are in CHEERS and represent the whole programme’s budget, not an individual user’s allowance. Programme months are 30- or 31-day periods measured from the programme start. Daily figures above are rounded averages.

CHEERS staking after launch

After launch and activation, CHEERS staking is planned to add an extra boost to your staked Creator and Club keys.

The minimum CHEERS staking amount will be announced before staking opens. Each deposit has an independent 30-day lock. A new deposit does not restart an earlier deposit’s lock. After a deposit unlocks, its tokens remain staked and keep their boost until withdrawn.

CHEERS staking can add between +1× and +9× to each staked key’s existing multiplier, depending on the reached tier. Only the highest reached tier applies. The combined maximum is 18× per key.

This increases the Units used to divide the published allowance budget. It does not create a second fixed daily allowance pool. CHEERS staking alone does not bypass the Creator/Club key eligibility requirements, and the CHEERS stake and qualifying keys must be in the same wallet.

Monthly rewards and claims

CHEERS you receive through accepted tips is recorded as earned rewards. Rewards are settled by monthly period. Once the token has launched and the relevant period has been finalized and opened for claiming, recipients can claim their earned allocation.

Before launch, tipping and reward recording are active; token withdrawals are not. The token launch does not restart the one-year programme.

Your connected wallets

BaseFriend can combine the allowance and activity of wallets verified as belonging to the same Farcaster account. Only verified linked wallets are included.

Each wallet’s original eligibility rules still apply. The combined dashboard view does not turn several individually ineligible wallets into one eligible wallet.

Where to get started

Open the dedicated tipping mini app, built in collaboration with @jeyloo.eth:

https://cheers.up.railway.app

Connect your Farcaster account, check your available allowance and use the app’s tipping flow to support people you appreciate. Self-tipping is not supported.

You can also view your allowance, sent and received tips, and activity inside BaseFriend under Earn → Tips: https://basefriend.tech

Find something worth appreciating. Send a tip. Make someone’s day.

Cheers 🍻