Should Farcaster add a "staking" verification system?  Please reply! 

Users can get "verified" badge by staking $10 USDC in a contract. The stake can be reclaimed at any time, but will only release after a delay (maybe 4-8 weeks). 

Verified users will get the following benefits: 

- Badge on profile. 
- Access to video uploads.
- Show up higher in conversations. 
- A small boost in the rewards program. 

The goal is to make it harder for spammers to verify so that good humans on Farcaster have a better experience!

Technowatermelon. Elder Millenial. Building Farcaster. 

nf.td/varun

I think there’s enough evidence to show $10 is not enough barrier

- spammers spend $2-$3 per account on creating multiple spam accounts  
- clusters of lower quality accounts bought $120/yr pro subscription 

Also keeps increasing complexity for new users who aren’t spammers who now need to understand many different kinds of badges and verifications 

Not convinced ROI is +ve

building farcaster infra @ /neynar 🪐 | casting @ /rish

Strongly agree here. Not enough of a barrier and too much complexity for new users. @v @dwr.eth 

Coordinated Farmers are ruthlessly economically rational. Many paid the Pro sub bc they think ROI is bigger than $120/yr. This staking amount wouldn’t deter them at all. *Maybe* if there’s slashing for certain behavior but that would be difficult to get right.