Flora Márquez on Farcaster

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

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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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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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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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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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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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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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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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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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