MJC on Farcaster

Content pfp

https://warpcast.com/~/channel/spotlight

0 reply

0 recast

0 reaction

MJC pfp

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.

4084 replies

4214 recasts

8166 reactions

MJC pfp

So, what is the token for? Hopefully, it’s the beginning of a governance and coordination mechanism for the Farcaster community at large. To start, the top 75 holders of the token will be named Pro Councillors. Councillors will have exclusive rights to post in the upcoming Procoin Forum mini-app. The list of Councillors will be dynamic, changing based on buys/sells and potentially delegation in the future. The future is open-ended, based on community engagement and feedback, but we hope it can become a tool to identify community intent and coordinate around shared goals.

62 replies

130 recasts

547 reactions

MJC pfp

50% of token supply is claimable and 50% has been deposited into Uniswap V4 (untradable until 500 users claim). Spotlight is taking 0% of supply and ALL $PROCOIN earned as LP fees will be redistributed to Farcaster Pro subscribers. Powered by Neynar and deployed on Base.

25 replies

54 recasts

382 reactions

MJC pfp

This is just an experiment. Play at your own risk.

19 replies

31 recasts

283 reactions

wetsocks pfp

have any of the LP fees been redistributed?

1 reply

0 recast

0 reaction

Zinger pfp

Would be nice if LP fees were only distributed to Pro subscribers who are also $PRO holders, more aligned that way

3 replies

0 recast

8 reactions

Cob Orc pfp

are you live or not yet ?

0 reply

0 recast

3 reactions

EL JR DIAZ ⌐◨-◨ 🇲🇽 pfp

EL JR DIAZ ⌐◨-◨ 🇲🇽

@eljuniordiaz.eth

So I read it to hear that it's for forecaster pro subscribers, but earlier you said it was for the 10,000 first nft holders.. so which is it??? Lol

0 reply

0 recast

1 reaction

Degen Karl pfp

0 reply

0 recast

1 reaction

Father pfp

Ratifying @procoin governance

0 reply

0 recast

1 reaction

Rahul Khan pfp

Ratifying @procoin governance

0 reply

0 recast

1 reaction

dev0ps ~ coastalconsulting.eth ~ pfp

dev0ps ~ coastalconsulting.eth ~

Ratifying @procoin governance

0 reply

0 recast

0 reaction

paulian Miranda pfp

paulian Miranda

Ratifying @procoin governance

0 reply

0 recast

0 reaction

The ChainStories Podcast pfp

The ChainStories Podcast

The 50% claimable supply and Uniswap V4 liquidity setup is an interesting move. Plus, Spotlight’s approach to redistribute LP fees to Farcaster Pro subscribers keeps things community-focused.

0 reply

0 recast

0 reaction

TC_News official pfp

TC_News official

“Ratifying @procoin governance”

0 reply

0 recast

0 reaction

KMac pfp

@askgina.eth how much money has been redistributed to the community so far

2 replies

0 recast

1 reaction