TG BOT for Detectives + vibecoding challenge
Today, I completed a TG bot with Detectives functionality, which is much easier to use and provides all user information in a single request. The bot will have some features that are only available in the TG bot. One of them is a parser bot that will find information about new launches from popular people. You can configure it separately and use it. It will be linked to the Detectives bot, which will immediately check if this user has had any previous deployments.
Just a reminder that to get access to the bot, all you need to do is complete a 7-day streak in App Detectives (link below). Tomorrow, a few users will get access to the Telegram bot. We also plan to give away access to the bot for other activities, so don't miss your chance to get the TG bot for free.
https://farcaster.xyz/miniapps/ecX-I2KNdig8/detectives
3/30 day
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Development of Detectives is ongoing
While I was sick, everything ran automatically as it should, but now that development is back on track, I’ll be creating new resources for the Telegram bot
Just a reminder: complete the 7-day streak and you’ll get access to the Telegram bot, which is very useful for traders
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I got sick, so development of Detectives is on pause for now.
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Top casts
How Farcaster can create new Base SZNs
— After Farcaster bought out Clanker and announced buybacks, the entire Base ecosystem came to life. Amidst the hype, the community also remembered WARP, the mascot of the Warplet wallet. After that, @dwr and the entire Farcaster community began actively posting photos with him and promoting him, causing $WARP to skyrocket and reach a peak market cap of $9.4 million.
This morning (European time), @sayangel launched the “The Warplets” NFT mint, which the entire Farcaster community liked and began to actively mint, attracting incredible attention to them and creating hype. The entire Farcaster community wanted to mint these NFTs so much that they completely broke the Mint, causing it to be moved. At this time, NFTs skyrocketed to 0.06+ ETH floor and gave Farcaster and Base even more hype.
— Now everyone is minting this NFT and putting it on their avatar, which gives even more hype. For example, legends such as @woj, @horsefacts.eth, @tldr, and many others have put them on their avatars.
Now “The Warplets” are in third place in terms of volume among all NFTs, which perfectly shows how the Farcaster team can set a trend, and then the community can continue it and support it very strongly, and this perfectly shows the power of Farcaster as a project, with an ideal team and community
THANK YOU @sayangel, @dwr, AND THE ENTIRE FARCASTER COMMUNITY
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Fey Protocol (@feyprotocol): Launchpad with the best mechanics
Today, a new project was launched on Base, which caused a stir on Farcaster and Twitter due to the TGC campaign (essentially a pre-sale), giving participants 10–25x profits (I am among them). They came up with a unique launchpad mechanism, which we will discuss today.
Overview
— FEY is the first fully permissionless launchpad that lets token holders participate directly in the network’s operations and fee flow. It was founded by @wiz and @atareh with the goal of creating a project that is fully owned by the community and managed without restrictions — for both builders and users.
— They created a powerful flywheel mechanism with rewards for stakers, buybacks, and incentives for builders, which is based on several key components:
• Commissions from $FEY in WETH are directed to token buybacks. All $FEY commissions are distributed among stakers as a reward
• Of the tokens launched on the launchpad (TOKEN/FEY pair), 0.8% goes to developers and 0.2% to the staker reward pool
This gives us a perfect flywheel with a loop and $FEY token buybacks:
1. Commissions from $FEY are directed to:
• Repurchase of tokens for WETH and subsequent transfer to the reward pool for stakers
• Directly to the reward pool
2. Commissions from other tokens go to:
• developers (as an incentive to develop the project)
• the reward pool for stakers
• More people want to become $FEY stakers to earn commissions → they buy tokens for staking → they create demand and price growth → growth attracts builders who launch tokens → even more rewards for stakers
— Thus, one flywheel attracts new buyers who bring commissions to the reward pool, and at the same time builders who launch their tokens, part of the commissions from which also go to the pool (For more details, see the photo)
This is one of the most effective mechanisms of Launchpad on Base, which constantly attracts new buyers and builders.
Tokenomics
It is divided into 4 parts:
1. TGC Campaign - 40%
2. Open Market - 24.3%
3. Founders - 19%
4. Foundation - 16.7%
— Currently, 70% of the supply is in staking, of which 16.7% are Foundation tokens (effectively burned). This means that only about 30% is in circulation, and taking into account the Uniswap Pool (8%), only 22% is in circulation. With an FDV of $6.1 million, this gives a real cap of only $1.34 million, which is very little for such a project.
My thoughts
— I participated in the pre-sale and earned 1.3 $ETH from 0.1 $ETH by selling all my tokens. The launchpad has not been launched yet — the team is waiting for contract approval from Uniswap, after which the launch will start. Therefore, I sold the tokens, but I plan to buy $FEY closer to the launch, when the number of commission rewards for stakers and the token itself will increase.
— I really think this mechanism is one of the best, because it is almost independent of the team: their task is to launch the launchpad and support the project with information. Everything else is done by the community. Even the collection of commissions to the Vault (for $FEY buybacks) is done by the users themselves by clicking a button on the website, which makes the project completely community-driven — this is exactly what the team wanted
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Is Farcaster Wallet the best wallet for Base?
After some key updates, Farcaster Wallet has become a very interesting product, which I want to review today and share its interesting features with you.
Minimal fees (currently zero)
This is one of the most significant recent updates, which personally attracted my attention to Farcaster Wallet. At the end of last month, they announced that they were reducing fees to a minimum:
• Base - 0.059%
• Solana - 0.003%
• BSC - 0.053%
— As stated in the announcement, this is the lowest fee on the market — and it really is. Currently, fees for top wallets start at around 0.25% to 1%.
— BUT earlier this month, Farcaster announced that there would be no fees on all swaps in November, which is great for both users and marketing. As a user of this wallet, I can say that it is very pleasant to carry out transactions without any commissions.
Features
Farcaster Wallet has interesting features that I find very useful — Alerts and Comments on tokens.
Alerts
— This is a very important feature for traders, including me. I used to use Telegram bots so I wouldn't miss a pump or dump, but this feature completely replaces such alerts, which is convenient because you don't have to switch between multiple applications.
— In Alerts, you can set notifications for any token: at a specific price or by percentage change when the token rises or falls by a selected percentage (or for both cases)
Comments on the token
— This is a useful feature because you can see why users are buying the token (if they have left a comment). There are often real teasers about the project, similar to comments in Interface (by @wijuwiju.eth) or Clicker (by @kyle). This helps you better understand the token and decide whether to buy it or not.
— Of course, most comments say that everything is great and so on without providing any facts to back up their opinions, but this also helps to form the last piece of the puzzle for the overall picture of the token.
Farcaster Wallet has other useful features: fast cross-chain swaps, viewing token holders directly in the wallet, and several other handy tools
Disadvantages
— The only disadvantage is that the wallet does not yet connect to most sites outside of Farcaster, but it can be imported. The team recommends Rainbow Wallet, although I imported it into Rabby Wallet and everything works fine
Conclusion
To sum up, I can say that for trading, this is really not a bad wallet, with the lowest fees (currently zero) and great features such as alerts, comments, and holder viewing for analytics. The Farcaster team is currently paying a lot of attention to the wallet in terms of technical and marketing aspects, which is why it is getting better and better
P.S. You can see where to find Alerts and Сomments in the video
сс: @dwr, @linda and Varun (but I'm afraid to tag you 😁 )
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SKYCASTLE: Incubator for the Base ecosystem
Today, I want to talk about SKYCASTLE — a project that the Farcaster and Base ecosystems really needed. They have become a Web3 “producer” for other projects, offering not only support but also real value that helps the entire ecosystem grow.
SKYCASTLE (@skycastle) is an incubator for Web3 projects, consisting of two founders (@itsbasil, @garrett) and about 30 partners. Among the advisors are specialists in design, AI, and development, such as @j4ck.eth, @dish, and @tldr. The incubator helps projects with everything from tokenomics and design to product development. In return, projects give 5% of their total supply of tokens to the Skycastle treasury, which are locked for 6 months.
SKY tokenomics:
• Partner Seats (30) — 30% (6-mo cliff, 18-mo vest)
• Council Seats (64) — 10% (6-mo cliff, 6-mo vest)
• Team (2) — 20% (6-mo cliff, 30-mo vest)
• Incentives — 30% (5% day one, 24-mo vest)
• LP — 10%
— Currently, only 10% is in circulation, i.e., market capitalization ≈ $1.3 million.
Partner Seats are 30 people who contributed 1 ETH each and received 1% of the supply, Council Seats are 64 participants who will later contribute 0.25 ETH each for 0.15625% of the supply. Both categories are eligible for bonuses for supporting incubated projects, which helps to create real and honest support for projects.
Treasury and NAV Mechanics
This is the most interesting component of the project, as it creates a flywheel for attracting people and projects.
When the value of assets in the treasury exceeds the FDV of $SKY, token buybacks and burns are triggered. The treasury holds locked $SKY, $ETH, and tokens from incubated projects (5% of each supply). This creates a flywheel:
"New projects bring in 5% → increase the treasury → raise the “support level” of $SKY → increase trust → new incubation applications come in"
AND IT'S ALL A CIRCLE - CREATING A FLYWHEEL
To date, Skycastle has entered into three partnerships, from which it has already received over $50,000 in tokens (+ 5% of the supply of @dendotshow in the future), and the total treasury is $1.23 million
• Treasury contract: 0xf85b95dec02cef1d7a7cb36680bab392e455bddd
— In conclusion, I can say that the base ecosystem really needed a project like this, one that could help thousands of people develop their projects. I really liked how they created a flywheel mechanism that encourages both new people to buy $SKY tokens and new projects that want to get into the incubator