The Haberdashery
"degen" can refer to someone who engages in high-risk, speculative investments, especially in new or unproven digital assets or schemes. It's often associated with a kind of 'wild west' approach to investing. This is their dao. Wif hat.
@purp
Introducing Habs: Where Social Engagement Meets DeFi Rewards 🚀
We're excited to announce the launch of Habs, a new way to earn more as a liquidity provider by being an active community member.
Overview
Habs is a social mining project that connects your Farcaster activity with extra rewards for providing liquidity. Using Uniswap v4 hooks and Quotient's social scoring system, we boost your APR based on how engaged you are in the community.
We believe liquidity providers aren't just capital—you're community builders. Your posts, discussions, and engagement matter. Habs rewards both your onchain liquidity and your social participation, creating a sustainable model where being active in the community directly increases your earnings.
How It Works
Provide Liquidity: Add liquidity to supported pools on Uniswap v4
Stay Active: Engage with the community on Farcaster—post, discuss, and participate
Earn More: Your social score from Quotient determines your APR boost
Watch It Grow: The more you contribute to the community, the more you earn
Why Habs?
Traditional liquidity mining only rewards capital. We think that's incomplete. The people who help grow communities, educate newcomers, and drive engagement deserve rewards too. Habs brings together social and financial incentives, so everyone who contributes—not just the biggest wallets—can benefit.
0xCF1ee811a3F3B0d568578B46bb1e021dA6420B07
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@purp
First monthly unlock of airdrop has been sent out
Currently setting everything up to send out first round of engagement rewards
Going to be working on the math now and set up fee distribution for monthly nft holders fee distribution and sending those out in next few days
https://basescan.org/tx/0xea78d313ea2f76b76c28a5350a63acb9bf6151e4c43dba0c94884225c48bc759
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@purp
Update
444 users took up to much gas to send out via empire due to newly implemented gas limits on Base
Currently working on coordinating with @wake to get funds sent to distribute in multiple batches via disperse
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@purp
Habdate
First airdrop allocation and first reward allocation ready to be distributed via empire today
Hooks are hard af, big shout out @0xbhaisaab for all the hard work they've put in, app is done, mini app is undergoing testing, hooks have been deployed and are being tested and undergoing the whitelisting process, dev team has been putting in massive work despite multiple roadblocks and everything coming together nicely
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@purp
Will also be making a leaderboard to distribute nft holders fee allocation and push that and first round of rewards out Friday
Goal is to have mini app up and running before then
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@icetoad.eth
Toads have always looked good in top hats!
Haberdashery /degendao and @gmfarcaster ftw!
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@purp
One of things im thinking in terms of liquidity is that instead of building out a 2 sided pool, pushing more eth into the clanker pool and keeping a portion of supply out of circulation for a while is a much better inital strategy
This will give more lp incentives knowing a set amount of volume coming over a certain period, help the overall price as well as increase our holding of $HABS to carry out things like vested strategic partnerships
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@purp
I'm very bullish on $habs over next few months
Mini App launching with LP management tools
Proposal ready to push community grant fund to expand ecosystem, thinking of several things i am thinking of here, one i think is very interesting would be launching the app coin of any project funded by grant fund paired with $Habs
Proposal ready to push more liquidity
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@purp
Mini app/hooks currently finalizing for testing/getting ready to launch
Prop ready to push more liquidity
Currently about 6 eth allocated for buybacks
Waiting on ui updates to send out first rewards/set up airdrop allocations
Prop ready for establishing funding and protocol for grants for projects who want to build in habs ecosystem
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@purp
Still Live on @dendotshow 📺
Beeps and Boops with Purp with @Purps super cool fun zone
Loaded the money gun with 93 million Habs, particiapate in chat to get
den.show/live/k1712nwgzh4jrm1fxk07ah2yfx7wa96m?referralCode=uyaox5
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@purp
Live now on @dendotshow 📺
Beeps and Boops with Purp with @Purps super cool fun zone
Going to money gun drop $habs to chatters come hang out
den.show/live/k1712nwgzh4jrm1fxk07ah2yfx7wa96m?referralCode=uyaox5
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