20016
arixon.eth

@arixon #20016

researcher // based rollup maxi // intern @taikoxyz
253 Follower 56 Following
The current L2 experience the same or better than alt L1s
I was honestly a big fan of FriendTech, and I’m sad to see it die out

But one of the biggest reasons for its downfall was its extractive nature

This is mainly why I think Farcaster/Degen will be a good play
We often hear that “L2s fragment UX and liquidity”, while this might be case today, it won't be in the future

In this thread we will explore Based Booster Rollups (BBRs) and how they solve fragmentation

🧵👇
So let me see if I understand $DEGEN right

You buy 10k, driving up the price and then you are allowed to tip people and each month these people can convert their points to real tokens, these tokens then enter circulation and eventually get dumped

Clever ponzi ngl, can even make some money if you are early
Okay so how does this $DEGEN thing work?
🥁 + ⛓️🛡️ = ❤️
Not sure the inner workings of Farcaster are clear to me but I heard that every user is recorded onchain, is there an explorer for this?

Or what's the contract where all the signups happen?