Santi on Farcaster

Flora Márquez pfp

I see there are many new people who have landed on Warpcast in the past few days, and I thought it would be a good idea to give them a (not so) brief summary about this tipping system with DEGEN to make things a little easier for them.

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Flora Márquez pfp

Who can RECEIVE tips on Warpcast? Anyone with an account on Warpcast and a wallet linked to the account.

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Flora Márquez pfp

Who can GIVE tips on Warpcast? Anyone with an account on Warpcast, a wallet linked to the account (with 10K DEGEN), and a minimum of 3 casts in the application.

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Flora Márquez pfp

You're not really spending those DEGEN. We simply have to exchange ETH for DEGEN and hold it. Those DEGEN are NOT the ones we will give as tips, but as I understand it, they provide liquidity. They just need to be there, in your wallet, relaxed. Let them chill!!

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Flora Márquez pfp

And here, let's emphasize a difference. DEGEN is not the same as DEGEN POINTS. Degen is the currency we have in the wallet, either because we bought it or because we received it in previous airdrops.

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Flora Márquez pfp

Degen points, on the other hand, are the tips given to us by other people and will be converted into DEGEN once the season ends and we can claim them. That is to say, they do not exist until the moment of the claim. They are in limbo (?)

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Flora Márquez pfp

Every day, based on the interactions you have on Warpcast, you are ranked, and you are given a Daily Allowance: a certain amount of degens available for you to give tips to things you like.

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Flora Márquez pfp

This Daily Allowance varies according to your position in the ranking (your participation in Warpcast) and IS NOT CUMULATIVE. That is to say: what is not given as a tip is reset, and the next day is another story. These degens do NOT come out of your wallet. You are just a channel.

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Flora Márquez pfp

To tip someone, you just have to comment with the AMOUNT $degen (for example: 1000 $degen), and that amount will be deducted from your daily allowance. (Yes, DEGEN or degen is the same)

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Flora Márquez pfp

To check your accumulated points and your daily allowance, you must go to degen.tips and link your wallet. Please note that the data on this page sometimes has a slight delay and takes time to update.

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Flora Márquez pfp

[Do not return the same tip amounts given to others because it may be considered farming, and you may be disqualified.] For example, if someone tips you 500 $degen, don't comment back with the same amount in response.

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Flora Márquez pfp

Today, March 30th, the accumulated points of Season 2 are claimed, that's why people are excited. But the story continues. We'll see how it continues next month, what the new conditions are if there are any.

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Flora Márquez pfp

I hope this thread has been useful! OKEY BYE!!!

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Santi pfp

@drdecentralized

Did I do it wrong if my $Degen is on the degen network instead of base? 🙃

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Flora Márquez pfp

Not sure about this. But we can ask others…

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