Varun Srinivasan pfp
Varun Srinivasan
@v
Farcaster app signups going drop from $3 to $1 later today. This change is thanks to the Storage Redenomination FIP, which makes the cost of each storage unit 20c. Clients like Base and Zapper could choose to sign up users for as little as 20c. When you sign up on the Farcaster app today, we will charge $1 and give you 3 units of storage (which is now 60c). The other 40c goes to the app store tax for the in-app payment. Another important change is that we are extended the duration of all storage units for another year. You do not need to renew storage. We will continue doing every year as long as Snapchain can keep up with traffic. If at any point Snapchain is unable to, we will go back to storage expiring yearly. https://github.com/farcasterxyz/protocol/discussions/229
26 replies
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218 reactions
niftytime pfp
niftytime
@niftytime.eth
semi-related to this, but any update coming to app invites by chance? even letting folks buy them in usdc would be amazing but also you may want to allocate top mini app creators/teams some invites telling folks about @tipn and doing a whole dance in app stores and all the rest is painful tbh anyways update cost going down is gud too 133.7 $tipn
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jp 🎩 pfp
jp 🎩
@jpfraneto.eth
YES. this is one of the best updates ever so, to create a new FID via contracts: > register that FID and create it - 1c ? > rent storage - 20c ? > add signer - 1c ? the 1c values are arbitrary and made up, but is this a proper estimate?
1 reply
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9 reactions
Jacek.degen.eth 🎩 pfp
Jacek.degen.eth 🎩
@jacek
🙌
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1 reaction
dylan pfp
dylan
@dylsteck.eth
huge!!!
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Garrett pfp
Garrett
@garrett
hell yeah
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Homer d Crypto Explorer 🎩 pfp
Homer d Crypto Explorer 🎩
@homer27
Thanks for making onchain interaction simple and cheap for everyone ❣️🫂
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hunter pfp
hunter
@bfresh
LFG!!!
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Tokenized Human pfp
Tokenized Human
@tokenizedhuman
Channel creation costs dropping too or?
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1 reaction
Koolkheart pfp
Koolkheart
@koolkheart.eth
$1 signups is a flex. Let’s see how far Snapchain can carry us!
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0xỌcha 🐱 pfp
0xỌcha 🐱
@0xocha
Great 😊
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Ashis pfp
Ashis
@ashis25
Great initiative for newcomers
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YES2Crypto 🎩 🟪🟡 pfp
YES2Crypto 🎩 🟪🟡
@yes2crypto.eth
FYI - just tried to add 6 more units of storage, $2 USDC and it’s still sitting on this page many minutes later
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zkTriumph.base.eth pfp
zkTriumph.base.eth
@zktriumph
noice
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Namruf Retep pfp
Namruf Retep
@namrufretep
Sounds as a good thing 👍
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Kay pfp
Kay
@kaothar01
Do you mean to buy 3 units of storage now cost 1$?
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Fahim pfp
Fahim
@ff
Awesome!
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djon pfp
djon
@orotikal
okay
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Biggydaddy.eth pfp
Biggydaddy.eth
@biggydaddy
This makes signups way more accessible, love how it keeps things open for more people.
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cashlessman 🎩 pfp
cashlessman 🎩
@cashlessman.eth
so how much does 1 storage costs now and how many casts per storage 🤔
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