Farcaster announces suspension of Deposit Bonus Program registration

BlockBeats News, October 15th. The decentralized social protocol Farcaster announced that "it surpassed the original two-week goal in less than 24 hours and paused new deposit bonus sign-ups at 6 a.m. on October 15th Beijing time. Users who top up before 6 a.m. on October 15th are still eligible for the bonus. The goal is to relaunch a new version of the deposit bonus activity soon."

Previously reported, on October 14th, Farcaster launched a deposit bonus activity where users deposit USDC on Base, Farcaster will provide a 10% deposit bonus in October, with the following rules: Deposits on Base must be in the form of USDC; the bonus is paid weekly (1% per week, for 10 weeks); USDC transferred or exchanged within a week will not generate earnings; the USDC balance must be higher than the balance today to start earning. The maximum USDC reward per account is $500.