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.

$PRO 0xF65C3c30dd36b508E29a538B79b21e9b9E504E6C | Probots | Procoin Curation Protocol coming soon

Farcaster

https://media.tenor.com/78zU2UHA1hIAAAAC/morning-good-morning

𝗧𝗼 𝗠𝗲

This broke my brain a bit. Chart shows a typical $500K mortgage at 8% fixed. You’re mostly paying interest for decades. Equity only kicks in the last 7–10 years.

Total paid: ~$1.2M. Interest alone: ~$700K.

I get its pros but levering up into an illiquid asset in a post-ZIRP world .. ??

Pls help me make sense why this is sold as the safe and very normal thing to do.

Phoenix

@phoenix31