# Social Trading Frames, Onchain Reputation, & Nouns FC Client

*Terminally Onchain Spotlight #1*

By [Terminally Onchain by YB](https://terminallyonchain.xyz) · 2024-03-27

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_Welcome to the 61 new people who joined the onchain letters community since Sunday!_

_I'm thankful for all 1330 of you and I hope everyone is having a great start to the week_ 🔥

_If you're enjoying my writing, please share_ [_Onchain Letters_](https://onchainletters.xyz/) _with your friends in Crypto and join the_ [_/onchainletters_](https://warpcast.com/~/channel/onchainletters) _channel on Farcaster_ 🤝

[Subscribe](https://onchainletters.xyz/memberships)

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### Note to Readers

![](https://paragraph.xyz/editor/callout/information-icon.png)

Posting  
Tuesday: Terminally Onchain updates & spotlights  
Friday: Deep dive on strategy & new trends in crypto  
Sunday: A list of what I minted throughout the week

After publishing 43 letters in the past 3 months, today is the first post where I'm going to be trying something different.

As you all know at this point, I've been working on my hypersub community [Terminally Onchain](https://hypersub.withfabric.xyz/collection/terminally-onchain-5457470x7uo0?tab=subscription) the past few weeks.

One thing I've noticed is how strong the quality of people in the community are. Founders, developers, freelancers, hackers, investors, etc.

My goal with Tuesday's post is to share some of the alpha from these folks. It could anything ranging from:

*   New product updates & announcements
    
*   Access to test out products in beta
    
*   High quality job postings
    
*   Insight into onchain proposals in the ecosystem
    

**These Tuesday posts are meant to curate the top opportunities, updates, and releases within the OP Stack & Farcaster ecosystems and deliver them straight to your inbox.**

Farcaster has grown quite a bit in the last 6 months and it's tough to keep up with everything that's going on. Hopefully these weekly posts make it easy for all of you to stay up to date.

For context, I'm sourcing this information from a [token gated form](https://app.deform.cc/form/25e824e9-3030-4b18-90e9-326bd21de321/?page_number=0) I made so that anyone in my hypersub can let me know if there's something they want to share with the all of you.

I'll be pretty selective about what community spotlights I decide to share so don't worry about me trying to spam a bunch of information. Every week, I'll pick 2-3 high quality responses from the form and share additional context from my end.

I'm open to any feedback on this format and excited to see what you all think!

Let's dive in 🚀

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### Airstack Trending Tokens API

![](https://paragraph.xyz/editor/callout/tip-icon.png)

Spotlight: [@dawufi](https://warpcast.com/dawufi) (Growth at [Airstack](https://airstack.xyz/))  
\- [Trading frame](https://warpcast.com/betashop.eth/0xebea23f9)  
\- [Points leaderboard](https://www.airstack.xyz/leaderboard)  
\- [Trending tokens channel](https://warpcast.com/~/channel/trendingtokens)

  

If you've been on Farcaster recently, there's a good chance you've come across Airstack's new "Trending Tokens" frame.

![](https://storage.googleapis.com/papyrus_images/89843740900649af69f616dd5c5941a0.png)

[Warpcast](https://warpcast.com/betashop.eth/0xebea23f9)

Memecoins, especially those on Base, have started taking off recently with $DEGEN leading the squad.

The Airstack team released a [_Trending Tokens API_](https://app.airstack.xyz/api-studio?_gl=1*48me0u*_ga*MTE0OTMzNzY4OS4xNzExNDg1NTU4*_ga_6PP294SC61*MTcxMTQ5Njc3NS4zLjEuMTcxMTQ5NzMwMi4wLjAuMA..) to help developers integrate token functionality into their apps as well as provide key metrics on what's happening.

In order to better demonstrate Airstack's frame and token API capabilities, the team found a creative way to lean into the memecoin hype.

They built a Farcaster frame that allows you to see what the trending tokens on Farcaster are and quickly swap within the frame!

![](https://storage.googleapis.com/papyrus_images/892a8cd4197eecfbeef032ab79486a67.png)

What's interesting is that for every swap you do, you'll earn Airstack points which can be later claimed for $DEGEN. Additionally, you'll also earn points if someone on Farcaster swaps on a frame you post.

Round 1 ended March 26th through which 300k $DEGEN was rewarded. And Round 2 will begin April 1st through which 3 million $DEGEN is up for grabs!

![](https://storage.googleapis.com/papyrus_images/bdc058fe6e12224c416483874a122acf.png)

[Leaderboard](https://www.airstack.xyz/leaderboard)

Make sure to check out Airstack's new Farcaster channel [/trendingtokens](https://warpcast.com/~/channel/trendingtokens) to stay up to date on the swaps, points, and $DEGEN giveaways.

Metrics 🔥📈

*   Driven by enthusiasm for all things Farcaster and Frames, Airstack saw usage of its developer tools double in March to over **3 billion API credits consumed**. It took Airstack 8 months to get to 1 billion in total and then reached 1.5b in Feb and 3b in March 2024.
    
*   **20% of submissions** at the ETH Global Frameworks hackathon built on Airstack this past weekend, including 5 of the top 10 overall projects
    
*   **More than $75,000** was transacted by Farcasters in the Airstack Trending Tokens Frame in under a week
    
*   **Over 5000 Farcasters** have experienced the wonders of Airstack's AI Frame which is being upgraded weekly
    

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### Karma3 Labs is Hiring

![](https://paragraph.xyz/editor/callout/tip-icon.png)

Spotlight: [@sahil](https://warpcast.com/sahil) (Core contributor at [Karma Labs](https://karma3labs.com/))  
\- [About OpenRank](https://mirror.xyz/0x6BE454113A58861A09Fc2A57940a344357B3859a/aMJOjJlG7-tntj_4gVy2ZX5axA9q2Qj5K7D2vIvyc7k)  
\- [Job Posting for senior data engineer](https://karma3labs.notion.site/Data-Engineer-3a57c0dc84e74853afe46c6b63111c61)  
\- [Onchain feed](https://onchain.k3l.io/network/yb/jesse?graph_type=farcaster&chain_id=8453&global=false)

  

Karma3 Labs is working on OpenRank, an onchain reputation protocol.

Marketplaces and communities will be able to implement this decentralized community rating system so that users can better trust the apps they're interacting with in crypto.

In the web2 world, it was this concept of reviews and ratings that enabled peer to peer interactions. Think Uber driver stars, Reddit karma, seller ratings on eBay, and even website rankings through Google's page rank.

Right now, the team is working with several ecosystems such as Metamask, Farcaster, Lens, etc. to implement reputation algorithms.

> _Some use cases include leveraging a community rating system for app marketplaces like Metamask Snaps; ranking and recommendation APIs for Lens and Farcaster; personalized on-chain feeds for consumer apps and wallets; and reputation-based voting and governance._

The goal is to give developers the confidence that the onchain data they're working with and using within their application can be trusted.

A simple first example is identifying spam accounts on Farcaster and Lens by building out social graphs and analyzing interactions with other profiles.

![](https://storage.googleapis.com/papyrus_images/7742f0342959567fec3987399a46255b.png)

The team just raised their seed round led by Galaxy Digital and they're looking to hire a senior data engineer who can help with building data pipelines to process data from different chains.

Check out the job posting [here](https://karma3labs.notion.site/Data-Engineer-3a57c0dc84e74853afe46c6b63111c61) and the Karma3 Labs website [here](https://karma3labs.com/)!

![](https://storage.googleapis.com/papyrus_images/8fcf132c1848b299fa97651ed68d8b96.png)

It was also so cool to see Sahil offer a 12 month subscription to Terminally Onchain for anyone with a successful referral. He didn't ask me, the team just went for it which I thought was amazing - great example of using the hypersub as a perk!

Additionally, the team is also **offering a LilPudgy NFT, Solana Phone, and 5 years of storage credits on Farcaster**! If you know any engineers that would be a good fit for the role, please reach out to [Sahil](https://warpcast.com/sahil) and refer 🤝

![](https://storage.googleapis.com/papyrus_images/bcc182e64cb568e95297ea4099856114.png)

[Warpcast](https://warpcast.com/yb/0x684bb069)

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### Nouns x Farcaster Prop House

![](https://paragraph.xyz/editor/callout/tip-icon.png)

Spotlight: [@rubinovitz](https://warpcast.com/rubinovitz) aka JB (Founder of [Tenfold](https://tenfold.xyz/))  
\- [Nouns Social](https://prop.house/0x767a3bdf2aa3b3201b794927a997fcf4e50d4702/31)  
\- [Nouns x Farcaster](https://nounsfarcaster.com/)

Currently, there is a $300,000 prop house round that is funding the top 3 Farcaster client ideas for the Nouns community!

![](https://storage.googleapis.com/papyrus_images/30a8e3de46e0e81dc18cc0b73cd9af2f.png)

There's already over 20 proposals in the [round](https://prop.house/0x767a3bdf2aa3b3201b794927a997fcf4e50d4702) and voting ends on March 29th.

[

![](https://prop-house-card.onrender.com/remote/round/0x767a3bdf2aa3b3201b794927a997fcf4e50d4702)

https://prop.house

Nouns x Farcaster
-----------------

An open invitation for all Nouns x Farcaster builders to build a dedicated Nouns client to help surface information across the Nouns ecosystem. Learn more at nounsfarcaster.com





](https://prop.house/0x767a3bdf2aa3b3201b794927a997fcf4e50d4702)

I love this prop because it'll most likely lead to the first community based Farcaster client. So far, many of the clients we've seen have focused on switching up the user experience, adding niche tooling (i.e. lists, scheduling), or focusing on different media formats (i.e. images, links, videos). But we've still yet to see a successful client that's built around a community itself.

JB put up a proposal for a client his team is calling [Nouns Social](https://prop.house/0x767a3bdf2aa3b3201b794927a997fcf4e50d4702/31)! After interviewing several folks that are active in the Nouns and Farcaster community, here's what they determined would be the best path ahead:

> _We build_ **_a Nounish Farcaster client with a Reddit-like feed where you can follow and mint Nouns community moments while generating a fee that gives back to the Nouns treasury._**

They're already at a headstart and have built out a client in this direction before.

![](https://storage.googleapis.com/papyrus_images/aa12a94012bbc7e7ec2dcbff7fde2199.png)

Check out the full proposal by JB and the Tenfold team [here](https://prop.house/0x767a3bdf2aa3b3201b794927a997fcf4e50d4702/31)!

Only Nouns holders can vote but it's pretty cool to see all the different ideas people are pitching.

The one with the most votes so far is called [Nounspace](https://prop.house/0x767a3bdf2aa3b3201b794927a997fcf4e50d4702/21), a client inspired by MySpace.

At the end of the day, the goal is to improve communication and augment onchain action for the Nouns community. It'll be exciting to see some of these proposals come to life and how they change user behavior within NounsDAO.

![](https://storage.googleapis.com/papyrus_images/d151c51a3d1b07d1483bb54bfe204de2.png)

[Prop 498](https://www.nouns.camp/proposals/498)

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That's all for today's post, hope you enjoyed the new format!

I'll be back in your inbox on Friday with a deep dive on a fresh new topic brewing in the space 👀

I hope everyone has a great rest of the week :)

\- YB

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*Originally published on [Terminally Onchain by YB](https://terminallyonchain.xyz/tos1)*
