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Farcaster announces suspension of deposit bonus activity registration

Summary: Decentralized social protocol Farcaster announced that it has surpassed its two-week goal in less than 24 hours and will suspend new deposit bonus activity registration at 6:00 on October 15th Beijing time. Users who deposit before 6:00 on October 15th are still eligible for the bonus. They hope to reintroduce a new version of the ...

Decentralized social protocol Farcaster announced that it has surpassed its two-week goal in less than 24 hours and will suspend new deposit bonus activity registration at 6:00 on October 15th Beijing time. Users who deposit before 6:00 on October 15th are still eligible for the bonus. They hope to reintroduce a new version of the deposit bonus activity soon.

On October 14th, Farcaster launched a deposit bonus activity where users can deposit USDC on Base and receive a 10% bonus in October. The applicable rules include: deposits on Base must be in USDC; bonuses are paid weekly (1% per week for 10 weeks); USDC transferred or exchanged within a week will not generate earnings; USDC balance must be higher than today's balance to start earning. The maximum USDC bonus limit per account is $500.

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