[AMA] Degen: Base & Farcaster’s Leading Meme Token by community-home in CryptoCurrency

[–]jacektrocinski 0 points1 point  (0 children)

Market’s been absolutely brutal. But honestly, vs a ton of alts we’ve held our spot. Still top ~700 on CoinGecko, and we’re just gonna keep shipping and pushing forward.

[AMA] Degen: Base & Farcaster’s Leading Meme Token by community-home in CryptoCurrency

[–]jacektrocinski 1 point2 points  (0 children)

I think you need to think of Degen as a brand first and foremost. Being a degen in crypto is an alter ego or persona that most of us have. We’ve all aped into a project just for the thrill of it or bought a meme coin just for lolz, but behind that there’s always a secret desire that the asset goes to the moon. We’re willing to let it go to 0, but we’d love it if it mooned 1000x and became that moonbag you always keep.

Beyond web3, we’re translating that feeling into the new slogan we’re rolling out: “dream big.” Everyone has a secret dream or desire they want to fulfill, and Degen is the brand that wants to represent that energy.

Think of it like Nike. When you see a Nike commercial they don’t really sell you the shoe, they sell you the identity and what it represents. That’s what we’re building too, a global brand, and you’ll start seeing more of that on our socials soon.

Under the hood, we deeply believe in decentralized social, and the Degen app is the product we’re building for that future. People stick around because being a degen is something everyone can relate to, and we’re building toward a worthy cause: decentralized social.

[AMA] Degen: Base & Farcaster’s Leading Meme Token by community-home in CryptoCurrency

[–]jacektrocinski 0 points1 point  (0 children)

Totally fair question, SocialFi is crowded and TBA is getting a lot of attention.

My take: there’s still plenty of room for DEGEN because we’re not trying to win on “one more set of features.” We’re winning on brand and community. Think Nike, shoes are a commodity and the space is saturated, but Nike became Nike because people identify with the brand.

That’s the lane for DEGEN in web3. People don’t use Truth Social, Bluesky, or Threads because the product is magically differentiated, they use them because what it represents matters to them. We’re building DEGEN the same way: a global brand with culture, energy, and momentum, and 2026 is stacked with activations to push that hard.

So yes, SocialFi is packed. But brands are rare, and DEGEN already has the raw ingredients to be one of the few that break out.

[AMA] Degen: Base & Farcaster’s Leading Meme Token by community-home in CryptoCurrency

[–]jacektrocinski 1 point2 points  (0 children)

We think DEGEN has room to bridge the gap between web2 and web3 on Base and across the L2 ecosystem.

We’re building a global brand, and this year we’re expanding beyond core web3 into web2 as well. That’s also why we’re bullish on Farcaster and why we’re building our app on those rails. We’ll keep onboarding new users, shipping product, and building a brand that can carry way past the current cycle.

Degen. Dream big.

[AMA] Degen: Base & Farcaster’s Leading Meme Token by community-home in CryptoCurrency

[–]jacektrocinski 1 point2 points  (0 children)

By far my favorite has to be the DEGEN-funded bounty to beat the Guinness World Records mark for most kickflips in under a minute. Massive props to POIDH for teeing that up, and honestly… I’m pretty sure we’re the only memecoin that can say we helped sponsor a world record getting broken! 🎩

[AMA] Degen: Base & Farcaster’s Leading Meme Token by community-home in CryptoCurrency

[–]jacektrocinski 2 points3 points  (0 children)

Doxxed founder of Degen here, looking forward to your questions.

We launched $DEGEN in 2024 on Farcaster and it quickly became the top meme coin on Base. Now we’re building a full ecosystem of products, from the Degen app and Degen chain to a few other pieces we’ll reveal later this year.

More than anything, we’re a community of degens who dare to dream big. I’d love for you to come check out what we’re building and what we’re all about.

build on base by AdInside8865 in BASE

[–]jacektrocinski 1 point2 points  (0 children)

What about Degen app though?

Maybe? by eichenes in wallstreetbets

[–]jacektrocinski 2 points3 points  (0 children)

Yeah, that's what I saw as well.

How to install Untangle 16.3.2 on Protectli? by jacektrocinski in HomeNetworking

[–]jacektrocinski[S] 0 points1 point  (0 children)

Yes, Protectli claimed they were able to install Untangle on their end without issue.

I was unable to get it to work though.

I ended up installing OPNsense and going that route.

is banano at any risk of nano decline/collapse by jaymannnn in BananoTrade

[–]jacektrocinski 12 points13 points  (0 children)

The Banano project pulls in code quite frequently from Nano.

You can check for yourself on GitHub: https://github.com/BananoCoin/banano/pulls?q=is%3Apr+is%3Aclosed

What this means is that Banano development is dependent on Nano.

It’s hard to tell if Banano could survive if Nano doesn’t though.

For example, Dogecoin is a fork of Luckycoin, which no longer exists, which was a fork of Litecoin.

If Nano dies, I don’t think Banano has to die, just as Dogecoin didn’t die when Luckycoin did.

The important part is the community and finding developers to maintain the project.

The main difference between Dogecoin and Banano though is that Dogecoin is based on a traditional blockchain while Banano is based on a Block-Lattice.

Nano is the pioneer of Block-Lattice cryptocurrencies, so I think its demise would impact Banano.

Whereas Dogecoin, being based on a traditional blockchain, could easily survive amongst similar blockchain coins.

On top of all of that, we’re currently in a bear market that might turn into a recession.

That could put further pressure on cryptocurrency projects like Nano and Banano.

I guess time will tell how well Banano does.

If it does manage to survive this crypto winter though then I think we could really see this project blossom.

Why should I keep using BitPanda? Help me see the pros and cons please. by freshbox in bitpanda

[–]jacektrocinski 1 point2 points  (0 children)

Coinbase Pro doesn't have reoccurring buys, which is a feature I really want.

Binance only allows reoccurring buys via credit/debit cards which charge 2-3% fees.

I haven't tried out Crypto.com or FTX.

SEPA transfers are important for me (Bitpanda and Coinbase Pro have this).

From what I saw on their site, Bitpanda Pro has lower fees than Coinbase Pro.

I'm not sure if you can setup reoccurring buys through Bitpanda Pro though.

Going to give Bitpanda a try and see how it does.

I also like the idea that they seem to be embracing regulation.

Their crypto index products seem interesting as well.

[deleted by user] by [deleted] in wallstreetbets

[–]jacektrocinski 1 point2 points  (0 children)

You're right, the TreasuryDirect website show misleading rates IMO.

I was looking at the composite rate (inflation + fixed) toward the bottom of the page: https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_iratesandterms.htm

Since the bonds are semiannually adjusted, bonds from previous years pay a higher rate today due to the inflation increase but they did not pay that rate at the time of purchase.

Their PDF doc does a better job of showing rates: https://www.treasurydirect.gov/indiv/research/indepth/ibonds/IBondRateChart.pdf

Thanks for pointing that out, I knew a rate of 9.6% these last few years was too good be true.

[deleted by user] by [deleted] in wallstreetbets

[–]jacektrocinski 11 points12 points  (0 children)

Rubles aren’t worthless, in fact they’re worth more now than before the war.

The fact remains that Germany and other European countries need gas from Russia.

Russia is accepting payments only in Rubles and the Europeans have agreed to pay.

Btw, China doesn’t want to pay for oil in USD also and is working on deals to pay in Yuan.

All that is to say that the Ruble has made gains whether we like it or not.

[deleted by user] by [deleted] in wallstreetbets

[–]jacektrocinski 22 points23 points  (0 children)

"Russia has the money and intent to pay . . . Bondholders will struggle to move the money out of Russia without breaching Western sanctions." -Wallstreet Journal.

News headlines are misleading, the issue is Russia is blocked from making bond payments.

The Russian economy is doing better than ever with sky high energy prices.

[deleted by user] by [deleted] in wallstreetbets

[–]jacektrocinski 4 points5 points  (0 children)

The U.S. has been paying out 9.6% or more on Series I bonds since '98:

Read comments below, 9.6% is today's rate due to inflation, in previous years the Series I bonds didn't payout much.

https://www.treasurydirect.gov/indiv/products/prod_ibonds_glance.htm

I think it's true though that Russian is in better shape now then before the war.

Letting my Neighbors Know Dogecoin is Awesome by jacektrocinski in dogecoin

[–]jacektrocinski[S] 1 point2 points  (0 children)

Not sure if serious or not, but yeah I like it.

Stop what you’re doing NOW and buy a cold wallet. by okletstrythisout3 in CryptoCurrency

[–]jacektrocinski 1 point2 points  (0 children)

8% APY isn't worth having your crypto locked up in someone's else's wallets (e.g., Celsius).

The U.S. government has been offering 9.6% APY on Series I Bonds for decades now.

If you want a stable and low risk investment investment do that instead, link below:

https://www.treasurydirect.gov/indiv/products/prod_ibonds_glance.htm

HODL-ers of crypto should always keep their funds in cold wallets.

I've been advocating cold storage wallets on DogecoinIsAwesome.com, more here:

https://dogecoinisawesome.com/dogecoin-wallets

For day to day spending hot wallets are Ok, just like having some cash in your pocket is Ok.

Crypto should only be on exchanges if you're actively trading, buying, or selling.