Farcaster Tipping
About Farcaster Tipping
Farcaster Tipping is a dynamic feature designed to empower your token holders to engage and reward content creators directly on Farcaster. Inspired by the innovative tipping system utilized by degen.tips with their $DEGEN token, this feature allows you to selectively enable your holders to tip others using your creator token. Set daily allowances and manage who can tip to ensure that your token's utility is maximized and aligned with your community's ethos.
How it works
Video Tutorial
Step 1: Go to the Farcaster Tipping App
Sign in to your Creator Portal. Navigate to the Farcaster Tipping page within the Apps tab.
Step 2: Accessing the allowlist for holders to tip
Click on Configure to access the allowlist for tipping on Farcaster. Here we are presented with two fields: Profile and Daily Allowance.
Profile is where you add the Farcaster username of the person for whom you want to enable tipping.
Daily allowance is where you add the daily token allowance for that user.
⭐ By default, this allowlist is empty. In order for you, the creator, to tip your own token on Farcaster, you must input your Warpcast username.
Step 3: Configuring the allowlist for holders to tip
Add the usernames of people that you want to allow to tip your token on Warpcast, as well as their maximum daily token allowance. Click on Add to add them to the allowlist.
It’s important to note two things: first, this daily allowance amount does not rollover. In this example, if user brobeans only sends 200 tokens out of their allotted 250, the remaining 50 do not roll over to the next day. Second, if user brobeans exceeds their daily allowance, the extra tips won’t count.
Step 4: Start tipping
You’re ready to start tipping on Warpcast! To tip, simply comment under a Cast with the amount of tokens you would like to tip, a $ sign, and the respective token symbol.
In this example it would look like 200 $BEANS.
Tips received by eligible users are distributed weekly to the wallet linked to their Farcaster account.
Step 5: Share With Your Community
Share with your community who has been added to your tipping allowlist, and who has received tips each week.
Click on "Share" to access the link to share on your socials and websites. Your community can see who has been given access to send tips, along with the daily allowance, or see if they've received any tips.
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