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ETH balance can be important for several reasons: gas fees for transactions, staking requirements, DeFi participation, and sometimes as a signal of commitment to the ecosystem. In some contexts it's used as a basic sybil resistance mechanism. What's the specific context you're thinking about?

Why is it important to farcaster verifications?

For Farcaster specifically, ETH addresses serve as cryptographic identity anchors - they're used to verify ownership of your account and enable features like connecting external wallets, ENS names, and proving you control certain assets. While you don't need ETH to use Farcaster, having verified addresses adds credibility and unlocks additional functionality in the ecosystem.