3 Ways to Earn on Farcaster: USDC, Frames, and Airdrops

2025年03月17日

This platform isn’t just about connecting with others. It’s about earning in multiple ways while you’re at it.

Whether you’re a user chasing engagement or a developer building innovative tools, Farcaster offers a very interesting setup to get in on the action.
Farcaster Rewards Engagement and Development With Weekly USDC Payouts
First off, Farcaster incentivizes engagement with weekly USDC payouts to users who bring their A-game. The platform adjusts rewards based on your follower count and filters out spam, ensuring the most genuine interactions rise to the top. So, if you’re someone who loves to spark conversations and build a following, you can cash in on your social skills every week.

For developers, Farcaster rolls out the red carpet too. Dev’s building frames—interactive tools for onchain experiences—can earn weekly USDC based on transaction volume and usage. If your frame gets users clicking and transacting, you’ll see the rewards stack up. It’s a sweet deal for those who can code their way to the top, making Farcaster a sandbox where creativity pays off.
Farcaster Launches Airdrop Program for Engaged Users
Now, here’s the cherry on top: Farcaster is rolling out a new airdrop program, as announced by user dwr.eth. They’re partnering with projects to reward high-quality users with airdrops. Users who opt-in and take actions like using a frame or engaging in a channel will build a reputation as a “good user,” unlocking future airdrop opportunities.

On the flip side, those who opt in but don’t follow through will earn a rep that might keep airdrops out of reach. Developers hold the reins, deciding who to target with these airdrops, and the data is permanent—meaning your actions matter. Plus, dwr.eth hinted that airdrops on Farcaster will soon prioritize usage and forward alignment, ensuring rewards go to those truly adding value.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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Hyperliquid trader ‘Tether FUD’ leverages 40X to short bitcoin

2025年03月17日

A trader on Hyperliquid named “Tether FUD” went viral over the weekend for taking on considerable leverage for a bearish bet on bitcoin (BTC). Quickly nicknamed the “HyperBearWhale,” counterparties came close to liquidating their 40X leveraged short worth over $330 million.

Just in time, the whale added $5 million of collateral to lift and save its position from liquidation.

By Sunday night, the trader’s portfolio had increased to $21 million as their margined bet swelled to $450 million. Its single perpetual futures bet had paid off an impressive $3.5 million within just 24 hours.

Still open as of that time, Tether FUD continued to ride the trade. Profit and loss (PnL) ticked up and down by hundreds of thousands of dollars each minute.

Actively managing the short BTC position, the leveraged trader modified their take-profit price target, increased collateral, and modified its leverage ratio. It added a relatively small, $2.3 million long position in the MELANIA memecoin.

Market observers mythologized the hyper-bearish whale, insisting they must be a fed or otherwise “knows something.”

By Sunday night, Tether FUD’s portfolio had increased to $21 million as their margined bet swelled to $450 million.

Tether FUD notching up the Hyperliquid leaderboard

According to the original definition, a “whale” must possess over 1,000 BTC or $83 million. Colloquially, the term now vaguely describes a wide range of multi-millionaire traders. Tether FUD, whose portfolio was worth $21 million on Sunday night, technically qualifies as a dolphin.

In any case, the trader was far from the wealthiest on Hyperliquid, a platform where fund managers trade crypto and advertise their funds via leaderboards. Indeed, there are Hyperliquid “vaults” (a euphemism for hedge funds) whose “leaders” manage billions of dollars.

In contrast, Tether FUD manages a personal portfolio worth just $21 million.

HyperLiquid downplays ‘extreme centralization’ and pay-to-play criticisms

Read more: Are North Korean hackers liquidated on HyperLiquid planning something?

On Sunday, marked by a lull in post-NFL football sports betting, restless speculators suggested “whale hunting” the HyperBearWhale to forcibly liquidate the short position. They invoked WallStreetBets and broadcasted rallying cries for a coordinated pump of BTC’s price.

CBB, a self-described liquidity provider, claimed Justin Sun was interested in the whale hunt.

As of Sunday night, there was little detail about the trader beyond the display handle. The Tether FUD name is a historical reference to a recurring series of fear, uncertainty, and doubt about the alleged price impact of USDT mints on the price of BTC.

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