🚀Degen Chain (DEGEN) unveils a new feature, RainDrops, on the Farcaster social network! Users can now send DEGEN tokens to individuals who respond to their Casts. It's a fun and interactive way to reward engagement on this decentralized social media platform.🎉

🔹 To use RainDrops, transfer DEGEN tokens to the specified address via Base, create a Cast indicating the token amount, and like the replies to distribute rewards. Note: a 2% fee applies and rewards are collected monthly.

🔹 DEGEN, initially a meme token for Farcaster's "Warpcast," has expanded its use across the platform. It's now bridged to Degen Chain, a Layer 3 blockchain built on Ethereum, and plays a key role in tipping, community rewards, payments, gaming, and more.

🔹 Degen Chain plans to update its algorithm to utilize social graph data in addition to engagement data. Users must maintain 10,000 DEGEN tokens in their linked wallet, with no minimum post requirements.

Exciting times ahead for DEGEN users! What are your thoughts on these updates? Share in the comments below! 💬💡