Varun Srinivasan
@v
Should Farcaster add a "staking" verification system? Please reply! Users can get "verified" badge by staking $10 USDC in a contract. The stake can be reclaimed at any time, but will only release after a delay (maybe 4-8 weeks). Verified users will get the following benefits: - Badge on profile. - Access to video uploads. - Show up higher in conversations. - A small boost in the rewards program. The goal is to make it harder for spammers to verify so that good humans on Farcaster have a better experience!
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rubinovitz
@rubinovitz
Will it be slashed if they spam?
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Varun Srinivasan
@v
no, spam is a little subjective, and there are some occasional false positives so it would be unfair to impose that.
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rubinovitz
@rubinovitz
Ok I don’t think this will noticeably deter spam on the user side then but I have less data on how much spammers are willing to leave in their wallets, stake etc But I was under the impression they were doing things like loading their wallets
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Mark Carey 🎩🫂
@markcarey
Agreed. If the stake were slashable, that would act as a spam deterrent. Simply locking 10 usdc with a guarantee of being able to withdraw, I don't think that would be enough to affect behavior...
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