Varun Srinivasan pfp
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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J. Valeska 🦊🎩🫂 pfp
J. Valeska 🦊🎩🫂
@jvaleska.eth
what pro badge is for, then? will be a new paid badge every next week? why 2 months delay for $10? looks too much what happens if I want to stake again after withdraw but still delayed why do you think 10 dollars will stoo anyone? (spammers and botnet owners are not poor and can afford it, money is not a real barrier, just one for the gallery and to say, hey, we do things, widely accepted by the industry but nit solving the problem)
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rubinovitz pfp
rubinovitz
@rubinovitz
Will it be slashed if they spam?
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Darryl Yeo 🛠️ pfp
Darryl Yeo 🛠️
@darrylyeo
I dig it. Farcaster Pro Lite.
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rish pfp
rish
@rish
I think there’s enough evidence to show $10 is not enough barrier - spammers spend $2-$3 per account on creating multiple spam accounts - clusters of lower quality accounts bought $120/yr pro subscription Also keeps increasing complexity for new users who aren’t spammers who now need to understand many different kinds of badges and verifications Not convinced ROI is +ve
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Pichi pfp
Pichi
@pichi
A lot of spammers spent $120 to get a pro badge. I think this is a worthwhile experiment.
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zoo pfp
zoo
@zoo
how does this make it harder for spammers to verify? how are we defining spammers?
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borodutch pfp
borodutch
@farcasteradmin.eth
i'm all for pay2play
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Manan pfp
Manan
@manan
First thought - sooo many verifications and badges 😅 What happens if an account is classified with a spam label (clear cut case, they’re clearing putting out LLM slop) but is staking to get more visibility?
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Nounish Prof ⌐◧-◧🎩 pfp
Nounish Prof ⌐◧-◧🎩
@nounishprof
Is the idea that spammers wouldn’t bother to stake? I think it’s likely they would.
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Garrett pfp
Garrett
@garrett
very crypto native thing to do seems like this could be a hindrance to new users who want to get visibility and discovery
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MetaEnd🎩 pfp
MetaEnd🎩
@metaend.eth
Just integrate world id and get it over with. There is no better way to do it.
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Aaina pfp
Aaina
@aaina
i like this idea
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ilemi pfp
ilemi
@ilemi
If you do it, it has gotta have a “others can stake for you” mechanic. Turns it from “oh no i have to stake to use this app, wtf is that” to a wow experience similar to noice of “oh wow people are willing to vouch for me with money and i get to earn xyz”n
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Sinaver Idrisov pfp
Sinaver Idrisov
@sinaver
Users with existing pro will get additional listed benefits, correct? I think $10 is a very small amount, it should be higher than the amount person pays for subscription.
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Benjamin Basche pfp
Benjamin Basche
@basche42
Micro staking https://x.com/basche42/status/1674843515769978883?s=46
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Stephan pfp
Stephan
@stephancill
I think this idea would be interesting if there was slashing and the slashed stake were used to reward clients that onboard high quality users i.e. create a market for onboarding authentic users It’s totally worth it for a an inauthentic farmer to pay a small amount (even more so if they get it back) for an advantage But the value prop for a potential authentic user who isn’t farming rewards is unclear and staking is something that is hard to explain to someone who isn’t familiar with crypto - more confusion
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PhiMarHal pfp
PhiMarHal
@phimarhal
I like this. But I'm a selfish westerner who can afford this.
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Pichi pfp
Pichi
@pichi
@cryptonjal @mvr I can’t get the whole thread to load so apologies if you’ve already seen this and commented but I assume you both have thoughts about this issue since you’ve looked at spam and pro account correlations deeply and have expertise to chime in here.
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Mani Mohan pfp
Mani Mohan
@mani
Too many tiers and levels of membership. New users will be confused (e.g. warpcast vs farcaster), and possibly annoyed that have to take all these steps to get visibility.
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