Caster Rewards update

Starting this week — June 3rd to June 10th

1. Increased the recipient pool by 18% from 2,530 to 3,000

2. Increased the prize pool by 45% from $20,000 to $29,010 

3. Changes to tiers — top tier is now $600, new middle tier between $125 and $30

First thank you for extending it

Second it’s still is so top-heavy 

Third please remove those who will not be 1099 ing themselves who have hit cap so then the rewards keep flowing down the line vs getting bottlenecked at top. 

Thx

helping build farcaster | surfing @ venice, ca | eating @ gjusta / gjelina | “lucky me, lucky mud” 🤠

stream of concious writer, music composer, & artist | co-founder of /wac | portrait.so/jacque

this is a shift towards wider; the top 230 used to be 3 tiers (10, 20, 200), now the top 280 is 5.5 tiers (2, 7, 20, 50, 100, then half of 200).

there are only a few people who do not 1099 themselves and we would much rather have them donate their winnings to a charity then remove them from the leaderboard.

cc @ted would love to know if the team could shift wider vs funneled. 🫶

100% agree with this. Too top heavy and should these top tier be repeatedly payed to the same people?