We’re Not Breaking News (But Base Definitely Is): GM Farcaster ep322 with @anika, Base chain

Happy Basemess Eve to all! 🟦

2025 was the year of building @baseapp.base.eth

If you want a glimpse of the future, watch the hiring. Marriott (valued ~$80–83B, with ~196M loyalty members) is hiring a crypto product manager to build stablecoin payment rails. Slowly. Then all at once.

𝘁𝗼𝗽 𝟵 𝗻𝗼𝘁-𝘅𝗺𝗮𝘀 𝘅𝗺𝗮𝘀 𝗺𝗼𝘃𝗶𝗲𝘀 sponsored by @jake's awful take ① children of men ② diehard ③ gremlins ④ when harry met sally ⑤ iron man 3 ⑥ invasion usa ⑦ american psycho ⑧ edward scissorhands ⑨ lethal weapon

and just like this, i'm happy to present you the new @farcaster client — @pigeontrade (cc @dwr) you can now serf, like, cast, search, interact with farcaster users and content ANYWHERE (telegram, whatsapp, facebook messenger, x, reddit, slack, discord, sms, etc) AND you can automate it all here's how (pigeon, do this): @pigeontrade create me an automation to check every 15 minutes if i got new likes to any of my farcaster casts published in the last 8 hours, then like the newest cast (if there's one) from the users that liked my cast i want users to feel seen and appreciated!

I can’t even

Over $800 in $PEEPLES is now available to claim for last week’s Top 50 creators! Creators who held at least 100 $DONUT received a 2x boost. Big thanks to @saltorious.eth and $PEEPLES for sponsoring. Next week’s sponsor is @oinc.eth, who has provided ~ $1,500 in $OINC for the Top 60 creators. We will update the leaderboard for this week after giving folks some time to review last week’s results. https://leaderboard.quotient.social/

Clanker LP management 101 livestream with @dish @m00npapi.eth. We covered topics: - LP fundamentals, strategies & tradeoffs - common LP mistakes - starting market cap - sniper tax mechanics - Clanker LP position simulator - walkthrough of adding & removing liquidity https://x.com/ljxie/status/2000997037802971363?s=20

Good overview of what we've done to support Clanker ecosystem projects recently from @tldr. 1. Burned accumulated native token fees 2. Redirected ongoing native token fees to creators 3. Highlighting teams through a variety of channels http://x.com/tldr_x/status/2000985292019253758?s=20

Landed in SF, was on my phone catching up and saw blue from the corner of my eye twice. Looked up and saw these. System update loading.

I’d like to thank the academy for this honor. And @ruminations for creating the @quotient leaderboard that loves me. But mostly, I’d like to thank @linda for taking the weekend off. https://farcaster.xyz/miniapps/tqsdJuGiDUXR/leaderboard-by-quotient

We swept the StorageRegistry balance on Optimism and reconfigured USDC fees for Pro and Collectibles to send directly to our vault instead of an intermediate wallet. Will do Clanker txs tomorrow. Links below.

just acquired 493 $CLANKER in our first automated fee swap. we'll be moving from infrequent manual purchases to regular automated swaps. this smooths out fee collection and purchases over time. expect to see fewer big spikes from LP fees on the Dune dashboard and the treasury balance go up more continuously. https://basescan.org/tx/0x8be85e5f311891bf4faf38a2c2c200b970879a7cdaf3a8322369ac2845ec550f

Applications are now open for the Creator-Fi Accelerator 🧑‍🎓 Thanks to a generous grant from Base, participation is funded for our first 100 creators! 📅 Jan 14–16: Three days of learning, building, and growing alongside creators who show up and support each other. Create. Own. Earn. Social-Fi starts here.

Clanker Update: Presales TL;DR -- we’re pausing future presales for now and working on a new Clanker launch feature. It will take a couple of months to build. We’ll work with interested teams to get feedback and iterate on the design before it goes live. A couple of weeks ago, the House team ran a Clanker presale. This was the first one using the v4 presale functionality (which is currently gated). The presale sold out immediately -- before we had a chance to announce it in the app. While the team hit their presale goal, only a few people were able to participate. This was bad, especially since we pre-announced it and many people on Farcaster wanted to participate. That’s on us. We should have required an allowlist. But even with an allowlist, there are still issues with the existing mechanism: 1. The mechanism rewards speed to buy, not long-term alignment. 2. There’s no built-in price discovery; the team picks a % sold and an ETH amount, creating an implicit market cap. This can lead to over- or underestimation. 3. Presale proceeds do not contribute to the token’s liquidity at launch. 4. The existing presale mechanism does not allow for cancellation or refunds. So we’re going back to the drawing board with three goals: a. Broad and fair distribution. b. Trading starts with deep liquidity at a market cap determined through price discovery. c. Aligned economics between teams and holders.

PSA We're going to start displaying content coins from Base app casts on the Farcaster app. We don't have plans to add coining from the Farcaster app, but the coins are already attached to the casts (as embeds) at the protocol.

The fee-based incentive for inviting “friends” to Farcaster just isn’t interesting to me. 1. As a user, I’m not responsible for FC’s funnel from new user to transacting user, so why would I be excited about an incentive that requires that funnel to be effective? 2. I have no idea where my friends are financially or what they want out of crypto. It’s a weird ask. 3. Fees are a loss-leader for Farcaster (see: No-Fee November), so this incentive is not even that interesting from a financial perspective. If FC means “invite friends” to Farcaster, then the incentive needs to line up. Reward me with a spot bonus if they’ve casted a number of times, or if they’ve transacted once, or if they’re retained after 7/14/30 days. Not fee-based. Work out an LTV for a retained user, and then give me a fixed rate against that. Is that $1 per user? $5? $10? If FC means “invite traders” to Farcaster, then that’s at least consistent, but the problems with the model becomes apparently: there’s a small, finite number of traders and the ones I know are already on FC. It might be a great PMF strategy, but it's not a good growth strategy.

bts: experimented with a few different colorways and styles before finalizing the @baseapp.base.eth team holiday sweaters

sweater weather

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

None of my casts have been mentioned on @gmfarcaster...yet! Check out this miniapp to see if any of your casts have been mentioned on Farcaster's #1 News Show Lol

The Base-Solana Bridge went live last week, enabling the seamless transfer of assets between both chains. Our team wrote a technical deep dive on: • Why we built the bridge • Architecture & design choices • Roadmap for future improvements & decentralization Read the blog: https://blog.base.dev/engineering-the-base-solana-bridge

Coinbase System Update incoming. → Exciting product announcements → Key business updates → Lots of other cool stuff A new era of Coinbase is beginning. December 17, 2PM PT, live on 𝕏.