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Jacek.degen.eth 🎩
@jacek
The Degen app v1 is coming — a clean, lightweight Farcaster client focused on channels. Think Reddit-style convos. No messaging, no frames, no bloat. Just a solid base to build from. You’ll get an embedded wallet and tipping from your own funds — no more tip allowances or farming mechanics. This isn’t a faucet. It’s a product for real discussion. Think: less is more. A solid, simple foundation we can build from. The UI is clean, onboarding is smooth, and the feed feels great for real conversations. No gimmicks, no farming — just a focused space for Degens. We’re not trying to poach users — we want to bring new people into Farcaster with our flavor. Some will love it, some won’t. That’s fine. It’ll be cool. I’m hyped. Thanks for building this with us. gn Degens 🛌
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Icetoad 🍕 🎩 🐈
@icetoad.eth
So no allowance? How will things work then?
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Jacek.degen.eth 🎩
@jacek
We’ve already given away hundreds of millions of dollars in Degen rewards. If you see a post you like, just tip it directly from your wallet. That’s the new vibe. We won’t be focusing as much on rewards going forward — it’s more about community, conversation, and tipping what you genuinely enjoy.
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Icetoad 🍕 🎩 🐈
@icetoad.eth
Ok, so the remaining degen that isn't circulating will only be issued via liquidity rewards?
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Jacek.degen.eth 🎩
@jacek
we don’t have concrete plans for that supply right now. some of it might get used to support the ecosystem and keep building the app if needed. for now, it’s just dry powder in case we need it later.
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Icetoad 🍕 🎩 🐈
@icetoad.eth
What % of the supply is currently circulating?
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Jacek.degen.eth 🎩
@jacek
~64%
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Icetoad 🍕 🎩 🐈
@icetoad.eth
Ah more than I thought. Excited to see the v1. You have a name picked out or just going with "Degen app"?
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Jacek.degen.eth 🎩
@jacek
Yeah, we want to keep it simple and tied to the brand — so it’ll just be called the Degen app.
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