Tipn

we're about to see an explosion of programmable @tipn actions across the TL, channels, mini apps like @livecaster, and beyond

tipn like p2p payments were just the start

tipn actions let builders & communities pool some of the 100k+ and growing daily USDC tips into deeper programmable streams of money

BIG TIP THURSDAYS powered by @saul-games launching soon is one BIG example of a tipn action

USDC tips of everyone who opts in to the Big Tip Thursdays action will be sent to what’s effectively a big tip jar (smart contract) and pooled together 

At the end of thursday, one tipper AND the creator of a cast they liked will be selected as winners who will split 50% of the pooled tips

The other 50% of the pooled tips will buy back $tipn, which will be distributed via daily $tipn rewards to everyone who tipped that day, so everyone wins in a sense

h/t @itsbasil for the diagram

what if all my daily tips went into a pooled raffle that all my daily commenters automatically entered, drawn same time each day 

what if all likes inside a channel went into a community pool that was distributed weekly to whoever generated the most likes in that channel

bots would probably eat both but there’s a lot of design space here 

better would be to have the community pool allocation decided via a vote but people don’t vote (but maybe)

what if you could opt into a split, redirecting into a crowdfund for a project you like or a cause — 10% of every like to saving the bees (wow)

Cap it with Neynar scores and the bot issues would be fixed.

ᴡɪʀᴇᴅ ꜰᴏʀ ᴡᴏɴᴅᴇʀ, ᴛʀʏɪɴɢ ᴛᴏ ᴍᴀᴋᴇ ꜱᴇɴꜱᴇ ᴏꜰ ᴛʜᴇ ᴡᴏʀʟᴅ . ɪ ᴀꜱᴋ ʙᴇᴄᴀᴜꜱᴇ ɪ ᴄᴀʀᴇ. ɪ ᴄᴀꜱᴛ ᴛᴏ ꜰᴇᴇʟ ʟᴇꜱꜱ ᴀʟᴏɴᴇ.

Yeah especially if folks want to add this to channels using a baseline Neymar score or limiting potential winners to folks that receive likes or engagement from a limited pool of mods are ways to mitigate against bots 

For BTT allocating 50% of pooled tips for $tipn buybacks is another lever (plus the tipn like fees)

133.7 $tipn