Thread by @The_ReadingApe

Degens, y'all ready for the latest farm? Check out @DheerajShah_ and @Ceazor7's interview with Chichi Gonzales from @DegensFarm

Read on - if you dare! 👇

@DheerajShah_ @Ceazor7 @DegensFarm 1/ Degen'$ Farm is a gamified NFT collectible

🦄Utilizes a skill-based distribution of 2420 unique creatures
🦄People cannot instantly collect the rarest creatures
🦄Creatures:
⭐️2000 basic creatures/Normies
⭐️⭐️400 Chads
⭐️⭐️⭐️20 Degens

@DheerajShah_ @Ceazor7 @DegensFarm 2/ Start by buying $BAGZ

🦄BAGZ supply hardcoded to 4500 (2500 lands and 2000 creatures)
🦄Open BAGZ to reveal either a creature or a land
🦄To farm, users put 1 creature and 1 land into the farming cabinet
🦄1 week to farm a Chad creature

@DheerajShah_ @Ceazor7 @DegensFarm 3/ Farming

🦄In ascending order of rarity: Normies —> Chads —> Degens
🦄Each creature is associated with a particular DeFi protocol
🦄E.g. Cow🐄 with @CurveFinance
🦄Holding the token associated with the creature increases the chance for it to be upgraded to Chad/Degen

@DheerajShah_ @Ceazor7 @DegensFarm @CurveFinance 4/ Farming (continued)

🦄People compete against each other if they are farming the same animal
🦄Land is consumed in farming
🦄Possible that some degen creatures may never appear due to the limited pieces of land available 👀

@DheerajShah_ @Ceazor7 @DegensFarm @CurveFinance 5/ Improving the chances of farming

🦄Holding $DEGEN from @ndxfi
🦄$DEGEN was created by @redphonecrypto. Supportive of what they are doing in @DegensFarm
🦄Holding $FARM from @harvest_finance

@DheerajShah_ @Ceazor7 @DegensFarm @CurveFinance @ndxfi @redphonecrypto @harvest_finance 6/ $DUNG token

🦄Airdropped to @opensea users
🦄Initial distribution of sextillion $DUNG
🦄2 pools for farming: DUNG-ETH and MEGADUNG-DAI
🦄Each creature produces a different amount of DUNG depending on their rarity

@DheerajShah_ @Ceazor7 @DegensFarm @CurveFinance @ndxfi @redphonecrypto @harvest_finance @opensea 7/ "You have it [creatures] all forever so we wanted to put this aspect there and also wanted something that is like they are alive and they are producing shit, they are producing dung." - Chichi Gonzales

@DheerajShah_ @Ceazor7 @DegensFarm @CurveFinance @ndxfi @redphonecrypto @harvest_finance @opensea 8/ Improve the chances of farming by:

🦄Holding the token that is associated with the creature
🦄Holding $DEGEN and $FARM
🦄Obtain tools to boost probability. Tools are NFT tokens that are purchasable on Dung-Swap

@DheerajShah_ @Ceazor7 @DegensFarm @CurveFinance @ndxfi @redphonecrypto @harvest_finance @opensea 9/ Secondary Markets

🦄Creatures and land can be purchased on either @opensea or the Degen'$ Farm vault on @NFTX_
🦄Land is quite scarce and people value them
🦄Arbitrage opportunity: open BAGZ, get land, and sell them 👀

@DheerajShah_ @Ceazor7 @DegensFarm @CurveFinance @ndxfi @redphonecrypto @harvest_finance @opensea @NFTX_ 10/ Choosing the token for each creature

🐄@CurveFinance: 🐄 & CRV are symbols of farming
🐎@Uniswap: Similar symbol
🐐@THORChain: Norse feel. 🐐 associated with black magic
🐇@RariCapital: Young, agile team, similar to a 🐇
🐑@AaveAave: White and fluffy like Aave's logo

@DheerajShah_ @Ceazor7 @DegensFarm @CurveFinance @ndxfi @redphonecrypto @harvest_finance @opensea @NFTX_ @Uniswap @THORChain @RariCapital @AaveAave 11/ What are they working on

🦄Primary target: sell out all $BAGZ
🦄Turn their creatures into 3D models. Farmers can put their Meebits and one of their creatures in a cabinet to create a 3D model of that creature
🦄In the future, 3D creatures can be used in @TheSandboxGame

@DheerajShah_ @Ceazor7 @DegensFarm @CurveFinance @ndxfi @redphonecrypto @harvest_finance @opensea @NFTX_ @Uniswap @THORChain @RariCapital @AaveAave @TheSandboxGame Links:

Podcast: anchor.fm/cre8r-dao/epis…
Substack post: thereadingape.substack.com/p/cr8r-degen-f…

Thanks to @DheerajShah_ and @Ceazor7 for this episode!

@DheerajShah_ @Ceazor7 @DegensFarm @CurveFinance @ndxfi @redphonecrypto @harvest_finance @opensea @NFTX_ @Uniswap @THORChain @RariCapital @AaveAave @TheSandboxGame Like our work?

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~ End Thread