Spotlight

Introducing $PROCOIN, the community-led governance token for Farcaster Pro users.

All 10k NFT holders are eligible for an airdrop.

But there’s a twist.

**The token will be untransferable until 500 Pro users claim.**

In order to get a mandate as a community token, we need broad support.

To claim, quotecast this post with the text “Ratifying @procoin governance”

All 10k NFT holders are eligible, but the first 500 claimers will receive ~5x the allocation.

Feeds miniapp | Procoin Curation Protocol | $PRO 0xF65C3c30dd36b508E29a538B79b21e9b9E504E6C | Probots | https://farcaster.xyz/miniapps/Z77dSkB2n8FJ/feeds

Defi. Ethereum. Physics.

Data at @quotient.

I’ll be honest, not sure it’s a great idea given @monteluna analysis of botting but there’s word game theory thing going on

yeah, one of the reasons why i stopped using politiswaps
- politicians prediction market (token model) incentives aligned with $pswap token, used it for couple of days and soon after that the incentives got gamed by bot army 
- maximum inflow on a politicians token in 24 hours would receive some 2M pswap tokens worth $3k at that time 
- was pretty easy to game, buy massive amt of shares seconds before airdrop distribution, sell the shares and airdrop, repeat until lp dies!  https://farcaster.xyz/mjc716/0x71516119

Doesn’t seem like right set of incentive alignment

i have the same concerns. the airdrop is worth approx $120 at the time of writing. i was cynical when the pro sub was launched, and my feed got botted by bot "pro" followers. new layer for gaming the system