TechFlow reports that on April 15, Farcaster stated it has no plans to launch a token for the Farcaster protocol. Recent discussions about a “Farcaster token” actually refer to Hypersnap—a fork project built on the Farcaster protocol—whose team has labeled its token the “Farcaster Token,” causing confusion among some users. Farcaster’s official statement emphasizes that there is currently no protocol token airdrop on the network; such speculation has triggered a surge in bots, yield-farming accounts, and scam accounts, degrading user experience. The official team urges users to focus on protocol development itself and avoid unwarranted speculative behavior.
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