Degen

We’re building this, the tipping Farcaster app will be the Degen app. GN, Degens. 

Also, all these tipping mini apps don’t make sense because they use boring USDC (yawn). We’ll fix that too, step by step. $DEGEN.

is this the worst take in degen's history?

crafting farcaster.in + terminal.co + @usetab // from cape verde 🇨🇻

It’s not deleted, I said devs are building mini apps like they’re for the masses, when they should be using $DEGEN and building for Farcaster. I’m happy to promote and fund devs, but they’re stuck on USDC. If you’re not defaulting to $DEGEN, it’s odd, my door’s always open.

I don’t think it’s odd at all. The most attractive thing about $degen was that it was free to distribute and as a result everyone had some. I don’t think this is true anymore - or at least less true than with USDC

Happy to give Degen to mini apps making little/no $$, promote them on Farcaster, and boost visibility. Most people already have Degen, it feels native. USDC doesn’t help creators, doesn’t grow the ecosystem. Degen is literally win-win.

I am just speaking anecdotally. I barely see people in my feed tipping/being tipped degen - especially compared to when degen was at its peak last year. Compare that to USDC from rewards which everyone is talking about and knows about

I think the approach you’re taking is a bit in reverse to how these things usually go. Just because an app supports degen doesn’t mean people will use it. If people want to spend degen apps will support it. But i can see how incentivising from the app side is easier in terms of coordination

Another ux issue with degen is that I have no idea what it’s worth. If an app asks me to pay 1000 degen - is that a good deal? Compared to usdc, i actually know how much I’m payingv

that’s what i’m saying though, people have $DEGEN. not sure where the idea comes from that they don’t. if apps default to $DEGEN, people will spend it. i’d be surprised if any app saw fewer txs after switching to it. we still drop 20M $DEGEN/month, that’s over $50K. feels like the wrong mindset. why wouldn’t you root for the currency that brought us here?

Apps will accept what people want to spend. People will spend what they have. People have USDC from leaderboard rewards - not degen, because it’s not common to tip degen anymore