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Tomorrow is the first day of NEONCHAIN Summer on @betrmint,
and also the beginning of a fun new collaboration with @degentokenbase!
We received a generous grant of 1M $DEGEN from @jacek to support Farcaster-native artists during this 10 week celebration, and in return we’ve given the Neon Flywheel a proper Top Hat makeover. 🎩
To spin tomorrow and collect the very first NEONCHAIN Summer drop by @empresstrash, you’ll need at least about 800 $DEGEN (instead of the usual 0.0008 ETH) in your wallet.
But that’s not all!
Rather than plugging in a simple swap-and-spin integration, which would put unnecessary sell pressure on the $DEGEN token during our NEONCHAIN rounds, @netnose and I have instead designed and implemented a novel custom set of contracts, in which we collect your $DEGEN before the spin and pay the ETH mint cost for you, while reserving the collected $DEGEN to be used in a future BETRMINT prize pool. This way, the tokens will always be distributed evenly to our community rather than market sold. It’s a little bit complicated, but it’s also a lot bit dope and I’m excited to see it in action!
To prepare for tomorrow, make sure you have enough $DEGEN in your spinning wallet, plus a little bit of ETH for gas, and remember… keep on spinning and the hat stays on.
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