Didn’t think I’d ever come back here with something like this, but this situation is too weird to stay silent about.
@yichuan_drive sent me a profile of person using a pfp identical to mine. Funny enough, it’s not just the picture itself - even the profile background is very similar, which makes it look like a pretty obvious copy.
When my friend made a post and tagged the author, he immediately admitted in comments that he had simply taken the image, apologized, and said that if it belonged to someone, he would change it.
So he openly confirmed they were using someone else’s image without permission.
But here’s the interesting part: by the evening, he had already bought this NFT through an offer, found out that these images aren’t unique after all, deleted all of his apology comments, and decided to rewrite the story as if none of that happened.
It’s strange to first admit you took someone else’s image, promise to replace it, and then quietly erase your own words and act like everything was “legit” from the start. Very convenient when the evidence just disappears.
Duncan Yap just got more fun.
We’ve added a few upgrades to make the leaderboard feel more alive:
1. Daily Top Bonus
2. Distance to Top 500
3. Streak Multiplier
4. Rank Delta (↑ ↓)
5. Hot Yap of the Day
6. Weekly Mini Leaderboard
7. Realtime score breakdown after each Yap
Climbing the board should feel smoother, faster, and a little more addictive now.
Duncan Yap is now live on @farcaster_xyz
You can start yapping right now and earn Yap score. Follow the rules and stay consistent to maximize your ranking. The mechanics may continue evolving over time, but this is the first experimental version of the system.
Weekly $Dunk rewards for top Yappers will be distributed through the Duncan Miniapp every Friday.
The Top 500 Yappers will receive guaranteed WL access to mint the Dunk Loot Box, and additional guaranteed WL spots will also be distributed through upcoming community events on Twitter very soon.
Stay loud. Stay close. Don’t fall asleep
Duncan just crossed 20,000+ users and reached Top 7 trending on Farcaster in under 24 hours. The timeline has been alive again. We really appreciate the energy everyone brought.
Today we’re shipping Duncan Yap v1.
In this first version, there’s no built-in advantage between large and small accounts. Ranking is designed to be fairer and based more on effort, consistency, and relevant keyword content, while interaction signals from Yap posts are included but filtered in a controlled way to avoid large-account advantage.
This is only the starting point. @neynarxyz gives us much more room to expand what Duncan Yap can do, and we’ll keep iterating on the mechanics together with the community as the system scales.
Stay loud. Stay close. More coming very soon.
Duncan Yap is coming soon.
Soon you’ll be able to start yapping about Duncan on Farcaster. This feature is designed to bring the community closer together and bring back the kind of energy we all remember from the early Farcaster days, when the timeline was alive and everyone was building and talking together.
Top performers on the Duncan Yap leaderboard will receive Free Mint tickets for the Dunk Loot Box , a limited collection that we’ll be launching on OpenSea in the near future. In addition, outstanding contributors each week will also receive $Dunk rewards for their impact and activity across the community.
Duncan is the first project introducing a Yap leaderboard mechanic on Farcaster, and this is just the beginning.
Stay close, stay loud, family.
To the DeepNode community,
Today's update continues our commitment to transparency, providing additional information on what has happened and the recovery plan moving forward.
Backstory:
- To ensure sufficient liquidity on Exchanges at launch, the DeepNode Foundation borrowed $ X mil USDT (at interest) from a Liquidity Provider, which was over-collateralised with Y% of DN's supply.
- Those borrowed funds (in addition to other capital we contributed) were then provided to our Market Makers, along with a corresponding amount of DN tokens.
- The collateral was held by a recognised third party trading firm.
- This is the way things work with new projects. Teams must provide liquidity (stables and tokens) to Exchanges (via Market Makers) during a token launch if they are to be listed.
What Happened:
- The Liquidity Provider (bad guys) took our collateral (the DN tokens) and dumped them. They violated our contract, broke our trust, and we have the evidence to prove it.
- Fearing an exploit/hack, our Market Makers (good guys) acted quickly and pulled liquidity from Exchanges until they could figure out what happened.
- Between the good guys pulling liquidity and the bad guys relentlessly dumping into the void, price fell off a cliff.
- Where things get strange is that the collateral was being custodied by a third party (a large and well known trading firm). We do not know why the Custodian executed the instructions from the Liquidity Provider and are actively investigating the matter.
Bad Guys Update:
- Multiple sources have confirmed that the bad guys are out of tokens.
- We are negotiating a settlement agreement with the bad guys for a return of funds (people become surprisingly communicative once exchanges start freezing assets).
- Any funds that we get back from the bad guys will be used to provide market liquidity, tokens from these purchases will be permanently burned.
Good Guys Update:
- Market Makers, Exchanges and other partners are all aware of the situation, and want to help us right the ship.
- The biggest reason that our Market Makers are able to help us rebuild is because they acted so quickly to pull liquidity when things hit the fan.
What Next:
- We are in the process of restoring liquidity and working with our partners to stabilize the market.
- The process will be gradual, involving ongoing capital commitments from both the Foundation and several of our partners.
- There are ongoing legal aspects to this situation, so while we do know who the bad guy is, and who the Custodian is, we are not able to share that information publicly at this time.
In Closing:
- To those that have continued to support us and show us grace through this difficult process, we thank you from the bottom of our hearts.
- To those that are hurting right now, know that we are hurting right beside you.
- We ask for your patience and understanding while our team and our partners are doing everything possible to try and make this right.
We will continue to provide regular updates as we progress.
Thank you,
The DeepNode Foundation
DeepNode Incident Update:
Following our earlier announcement, we have conducted an extensive audit regarding the extreme volatility that occurred within the past 24 hours.
As part of our coordinated launch, DeepNode engaged a well respected funding partner to provide the initial liquidity needed for healthy market operations during the intense trading volumes following our TGE. Per industry norms, collateral ($DN tokens) were held by our liquidity lending counterparty, which were not to be touched, and were to be returned to the DeepNode Foundation in full at the end of the liquidity lending term.
Based on our investigation, it is our belief that this liquidity partner breached the terms of this agreement regarding this collateral. We do not make these allegations lightly, and are working with legal, law enforcement, and Centralized Exchanges to recover assets and protect the interests of all $DN holders.
While this is ongoing, the DeepNode Team are also actively working with Market Makers to stabilise markets and improve liquidity on all fronts.
We hear you, we know people are hurting, we are working tirelessly to fix this, and we are not going anywhere. Our commitment to the project and our community remains unwavering, and we're focused on ensuring this doesn't impact our long-term vision.
We'll keep you updated as we progress toward a resolution. Thank you for your patience and continued support.
$DN is out in the world.
The token powering up DeepNode ecosystem is now available at @Gate, @bitget, @MEXC_Official, @kucoincom and @BinanceWallet
CA: 0x9b6a1d4fa5d90e5f2d34130053978d14cd301d58
CoinMarketCap: https://t.co/rrGCh1O4wt
Join our new chapter today 👇
🚨 TGE season is here.
Our token $DN goes live today at 10am UTC.
Stay safe, beware of scammers.
Information regarding the launch is only shared on this account and on our other official channels:
🔗 https://t.co/xRIO2rlTto
🔗 https://t.co/y5UWjYH6zX
🔗 https://t.co/QiqAezKwMq