@proanant
1. weekly rewards
farcaster distributes $25,000 in USDC on base each week
3000 users are rewarded points in a tiered system
this is based on engagement on posts (adjusted by the number of followers) and for completing tasks such as connecting a wallet to farcaster
the top 3 creators get $600
next 7 $350
next 20 $125
next 50 $60
next 100 $30
next 200 $20
next 400 $10
next 800 $5
next 1420 $3
you can view your real-time leaderboard standings in the "rewards mini app"
rewards are sent straight to your connected wallet each tuesday
i have earned over $6k in farcaster rewards and will do a more detailed post on how soon so be sure to follow me!
2. collectibles
if you opt in, farcaster users can bid on your posts for 24 hours and the highest bidder can buy your posts as a 1 of 1 base ERC 721 NFT called a collectible
and you recieve 90% of the funds straight to your wallet