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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@xh3b4sd.eth
Those barriers usually mean that scammers go all the way while normal people get turned off and leave. We have seen this on Twitter. All the bots bought the verified badge and it was downhill from there. What I find so puzzling here is that there are people every day asking how they can help to moderate spam in the channels they are interested in, while nobody gives them the tools to do anything. The Ethereum channel is an absolute disaster.
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