F A R T H E R ✨

Farther V2 will begin using the @openrank engagement score for the new szn. The premise is to make tipping into a competitive game and pseudo prediction market for increasing qDAU. 

Use this frame to find out what your engagement rank is!

Confused on what this all means? Ask me questions! 

Very bullish on the future of @farther ✨

Farther V2 starts Aug 1, and I couldn't be more excited! 

What's new?

1) Tip Scores = ($farther tip amount) * (% change in engagement score since the tip * 10,000) i.e., If I tip 150 $farther and the tip recipient's engagement score goes up by 0.03% (score is updated every 6 hours by OpenRank), then my tip score is 450.  (150) * (0.03% * 10000) = 450 tip score

2) Tipper Scores = The average of all Tip Scores. At the end of the szn, tippers with positive scores receive a share of a rewards pool proportional to their score.

3) Rewards pool: The monthly rewards pool starts at 1m $farther.

4) Same daily allowance for everyone: this season is focused on tipper score and rewards.

5) No tip restrictions.

6) Tip recipients must have >100 followers to prevent farming.

7) The daily allowance targets $3000 worth of $farther, adjusted based on token price at reset.

What's the same?

1) A balance of 100k is required to receive a tip allowance.

Lmk if anything needs to be corrected! cc @gigamesh @farther

musician: gigameshmusic.com | dev: github.com/gigamesh

Building farther.social

Join us in /farther