Bimoo

Dear Phaverians,

First of all, apologies for the lack of updates in the last weeks, we are still heads down finalizing updates that best position us for growth and will announce more about them as soon as we can.

Secondly, we’ve added another 30M $SOCIAL tokens to the pool, ensuring the APY and daily reward of 1M $SOCIAL remains steady. Staking is a great way to support the ecosystem while earning rewards. Currently there is 320.58M $SOCIAL staked, which shows how diamond handed all of you are. 💜

We’ve had to make some bold moves behind the scenes to ensure we’re always putting the long-term interests of $SOCIAL holders first. Your support and belief in the vision we’ve built together mean the world to us in times like these.

Thank you for being part of this journey—staking $SOCIAL is just one of many ways to keep growing with Phaver.

More updates coming your way soon. 🫡

GM Frens! 💜 It’s time to download latest update of Phaver app from App/Play Store. 🚀

Exciting news- We’ve added one of your most-requested features: Image and GIF support in comments! 🎉 Now you can spice up your comments with your favorite images and GIFs. Get creative and start making your own Phaver GIFs today, upload them to GIPHY, and participate in our mini-contest. We’re awarding special prizes for the 3 best Phaver-related GIFs created this week! 🏆🦄

We’ve also introduced a Frames Tab in Discovery 🔎. Explore and interact with some of the trending Frames. 😎

This update brings improvements to the camera and image uploads, alongside various performance updates and bug fixes. 🔥

With Phairdrop Season 2 Perk successfully wrapped up, keep an eye out for new Perks from our Phaver partner projects coming soon! 👀

Phairdrop S2 recap & next steps for $SOCIAL staking 🚀🔥

TL/DR: Phairdrop Season 2 has been shipped to Primary wallets, with 400M Points burned! Stake your airdropped $SOCIAL at https://staking.phaver.com/ to earn up to 155% APY! ⤵️

Key highlights:
🔹Reward allocation: c. 80% of you received boosted Points-based rewards, while c. 20% received the guaranteed allocations. Top Points-based redemption with full caps and multiplier hit millions of SOCIAL! 💪
🔹Reallocation of unused tokens: 30M from unclaimed S2 guaranteed soft staking rewards are already fueling our Staking Pool, boosting the first 30 days. Another 24M of soft staking yield will support KOLs who purchased $SOCIAL in the presale and are joining Social Staking.

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200 million $SOCIAL staked! 🙌

$SOCIAL, the native token of Phaver, powers a vibrant SocialFi ecosystem. And we’re unlocking new ways to grow the app and create more engaging, rewarding experiences for users. 👇

How to Stake:
1. 👉 Visit https://staking.phaver.com/ and connect your wallet
2. 🦄 Select Stake and enter your $SOCIAL amount
3. 🎉 Start earning $SOCIAL rewards instantly!

Soon, Social Staking™ will let you stake on other's profiles, support them, and earn extra yield! 🔥

Voting day is every day on the Wen board 🦄

Phairdrop Season 2 claiming is now open, along with the first $SOCIAL Staking Pool! 🎉🦄

TL/DR: Claim your S2 inside Phaver app by Monday, it will be airdropped to your primary wallet after claims end. Stake your $SOCIAL before then to get extra 25%! ⤵️

How to Redeem S2 in-app:
Visit the Perks section in your Dashboard and choose how many Points you want to redeem for tokens in S2. 📲

Calculation:
The final redeemable amount is determined by the number of points you have available and your $SOCIAL holding multiplier, OR as a guaranteed minimum of 20% of your holding average.

Eligibility:
Users have until Monday 10am UTC to redeem Points, after which everyone’s share of the total reward pool will be calculated. Tokens will then be distributed within 48 hours directly to your primary wallet on Phaver through Base. You have until end of claiming to change your Primary Wallet if needed.
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Phaver introduces Social Staking, the first PvE SocialFi

Phaver has always focused on unlocking scalable creator and user rewards with SocialFi. With the $SOCIAL token launch in September, Phaver is ready to introduce a completely new model that offers the fun of daily speculation and supporting your favorite creators, combined with simple and sustainable staking pool mechanics.

Phaver’s new Social Staking model allows users to support creators and earn daily rewards by locking $SOCIAL tokens in a staking pool for at least 30 days. With dynamic yields that reward discovering new creators and a PvE structure, Phaver aims to create a sustainable SocialFi ecosystem where both users and creators benefit.

Read Article:
https://x.com/phaverapp/status/1852022239618842757

Gm Frens 💜 We're so back with Community Call 35!

🎙 Join $SOCIAL Battle with Joonatan and our special guest North Korean Police ⚔️🔥 We will tackle your burning questions live! Ask away on Huddle01, and catch the broadcast on X.

📅 Thursday, Oct 31, 2PM UTC
📍 On Huddle01: https://phaver.huddle01.app/room/ksh-fita-vqo

You can listen without connecting a wallet. If you want to participate from mobile, it works better with the Huddle01 application - paste this link there. 🙌🏼

See you there! 🤝

GM Frens! 💜 It's time to update Phaver app from App/Play Store to get latest updates. 🚀

The main feature of this update is the cap on the $SOCIAL average in the dashboard.

Phairdrop S2 focuses on $SOCIAL holders, and to prevent gaming the system, we’ve capped the 30-day average metric to be at most the current $SOCIAL holdings amount. 🛡 To receive the multipliers or the guaranteed $SOCIAL allocation in Season 2, the tokens must still be in user’s wallet at the time of the distribution. If you move the $SOCIAL out of the Phaver-connected wallet before then, you forfeit the multiplier and guaranteed allocation for the season. ⚠️

We've also rolled out various bug fixes and performance improvements! 🔥

Happy weekend and let’s keep Phavering! 🦄

🦄🔥 Unclaimed S1 Phairdrop $SOCIAL Burn Completed

✅ The first burn is done, with a total of 41,697,915 $SOCIAL burned today.

TX: https://basescan.org/tx/0xda2b3a223d16d6231cdee6349c919b5c785ec6b925d5a947d84fdb3bb5fed3d2

Final Call: This is a reminder for users who haven’t yet claimed their S1 Phairdrop to do so before 10 am UTC tomorrow.

🔥 We’re announcing that tokens that are not claimed by tomorrow will be burned. This represents currently 42.16 million $SOCIAL.

Additionally, token buybacks from ad revenue will begin soon, and the team plans to propose a multi-month $SOCIAL Burn Program - Stay tuned 👀

pictures like this makes us insanely bullish

who are you phavering with? 👀

GM Frens! 💜 It’s time to restart Phaver app to get the latest updates. 🚀

The Web3 Ads with Token Buybacks are now LIVE - Every time you click a new ad and explore the sponsor’s site to learn more, money for $SOCIAL buybacks is earned. 🔄🔥

As we are in a pilot test, all feedback from the community is very much appreciated as we adjust the frequency and add more advertisers into the program.

We’ve also added 10,000 new Moca IDs. The Phaver Perks portal, $SOCIAL on Solana, the gasless in-app wallet, and something HUGE is cooking next - stay tuned!

LKP! 🦄

Happy BDAY to the talented @ckodaworldwide 🔥💜

Phaver and Spindl Launch Web3 Social Ads with Token Buybacks

As the first of many initiatives to boost $SOCIAL demand, we are soon rolling out Web3 ads tied to token buybacks. To start, 50% of all ad revenue is used to buy $SOCIAL back from the market to equally reward all holders.

This model boosts additional demand for the token and provides longevity for the reward economy, as the buyback tokens will either be burned to decrease token supply permanently when needed, or redistributed to users during periods of faster user growth to ensure the economy is balanced. We do not use any invasive tracking for the ads; they seamlessly blend into the feed and can also be opted out from with Points or $SOCIAL after the pilot.

The ads are powered by Spindl and only use public blockchain data to improve relevance.

Read Article: https://x.com/phaverapp/status/1846184441384710479

Heyyo Frens, happy Friday! 💜

Last week, the first Phavercoin snapshot proposal passed, and the Phairdrop Season 2 end date was moved to 7th November.

First off, as a thank you to voters, here’s the Voter SBT: https://app.galxe.com/quest/phaver/GChNXtKFxd - Mint with the wallet you voted with and connect it to Phaver to show it off and earn 10p per day 😎 Due to a Snapshot bug, we’ve also made all Cyber $SOCIAL holders (as of 2nd of October) eligible to mint.

Second, as proposed, we’re rewarding loyal users who held their entire claimed S1 allocation in Phaver during the first 7 days with the Diamond Hand SBT. You needed to hold equal or more $SOCIAL than you claimed in S1, with a minimum requirement of 1000 $SOCIAL for the first 7 days. Link: https://app.galxe.com/quest/phaver/GCyABtKWsC Mint with primary wallet and refresh assets to earn 20C, 150p daily. 🙌💎

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GM! 💜 As you know Frens applications are currently closed, and we've noticed some inactive users with the badge. That's why we've "un-frened" non-active users today. 🤝 To thank our active, quality content creators, we're raising the Frens badge Cred to 8 and Points to 50! 🎉 We're also working on a scalable solution to reopen Frens 2.0 process soon. 🫡 Together, we're improving the feed with real Frens! 😎 Thanks and keep Phavering! 🦄

Two days left to take part in Week 1 @monniverse Astro storytelling event 💜🦄🌊🧑‍🚀

We are live on Spaces with Bitget! 🦄
https://x.com/bitgetglobal/status/1842171951537860850?s=46

GM Frens! 💜 It’s time to restart Phaver app to get latest updates! 🤝

Level 6 is now live! If you earn more than 9000 Cred in 30 days, you reach Level 6 with 500k Points redemption and a new Cred Hall of Fame carousel in Discovery 🔥

As requested by many, you can now see your $SOCIAL holder ranking at the top of the list. Go and check now! 🤩

As you know, local communities are important for us. That’s why we added four new app languages: French, Bangla, Russian and Spanish. 😎 You can change your app language from Settings at the top right corner of your Profile.

Also, thanks so much for the 2511 community members who voted on the 1st ever $SOCIAL DAO proposal! 🚀 With 70,5% voting for yes, we will extend the Phairdrop Season 2 by 2 weeks. There will be many other votes coming for both $SOCIAL and the product itself. Thanks for supporting us and let’s keep Phavering! 🦄