Farcaster user engagement reaches a historic high

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Golden Finance reported that the user engagement of the decentralized social media protocol Farcaster has reached a record high, with over 73,700 independent casters on the platform last week, reaching an all-time high. The protocol has generated 611.03 ETH in revenue. One possible reason for the surge in users is that founder Dan Romer announced that they are developing a new tool to enable in-app payments using USDC. The feature aims to address the long-standing issue of having to look up someone’s alphanumeric WalletAddress and allows users to send directly via Farcaster ID.

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