Dear Phaverians,

First of all, apologies for the lack of updates in the last weeks, we are still heads down finalizing updates that best position us for growth and will announce more about them as soon as we can.

Secondly, we’ve added another 30M $SOCIAL tokens to the pool, ensuring the APY and daily reward of 1M $SOCIAL remains steady. Staking is a great way to support the ecosystem while earning rewards. Currently there is 320.58M $SOCIAL staked, which shows how diamond handed all of you are. 💜

We’ve had to make some bold moves behind the scenes to ensure we’re always putting the long-term interests of $SOCIAL holders first. Your support and belief in the vision we’ve built together mean the world to us in times like these.

Thank you for being part of this journey—staking $SOCIAL is just one of many ways to keep growing with Phaver.

More updates coming your way soon. 🫡

300M $SOCIAL staked! 🙌 Stake your tokens at staking.phaver.com/ and earn up to 120% APY with just Base gas fee. Get ready for Social Staking in-app.

Phaver Perks was tested with Season 2 claim, now it’s time to roll out the first partner Perks! ⤵️

Unlock benefits based on your Level and $SOCIAL holdings: airdrops, whitelists, discounts & more!

Perks are live with first offers from our frens Moongate with $MGT and BSX with Lilquid NFTs 🤝 ⚡️
Visit Perks tab in your Dashboard to claim 🔥 FCFS & Raffles 🗽
More soon...🦄

GM Frens! 💜 It’s time to download latest update of Phaver app from App/Play Store. 🚀

Exciting news- We’ve added one of your most-requested features: Image and GIF support in comments! 🎉 Now you can spice up your comments with your favorite images and GIFs. Get creative and start making your own Phaver GIFs today, upload them to GIPHY, and participate in our mini-contest. We’re awarding special prizes for the 3 best Phaver-related GIFs created this week! 🏆🦄

We’ve also introduced a Frames Tab in Discovery 🔎. Explore and interact with some of the trending Frames. 😎

This update brings improvements to the camera and image uploads, alongside various performance updates and bug fixes. 🔥

With Phairdrop Season 2 Perk successfully wrapped up, keep an eye out for new Perks from our Phaver partner projects coming soon! 👀

Phairdrop S2 recap & next steps for $SOCIAL staking 🚀🔥

TL/DR: Phairdrop Season 2 has been shipped to Primary wallets, with 400M Points burned! Stake your airdropped $SOCIAL at staking.phaver.com/ to earn up to 155% APY! ⤵️

Key highlights:
🔹Reward allocation: c. 80% of you received boosted Points-based rewards, while c. 20% received the guaranteed allocations. Top Points-based redemption with full caps and multiplier hit millions of SOCIAL! 💪
🔹Reallocation of unused tokens: 30M from unclaimed S2 guaranteed soft staking rewards are already fueling our Staking Pool, boosting the first 30 days. Another 24M of soft staking yield will support KOLs who purchased $SOCIAL in the presale and are joining Social Staking.

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200 million $SOCIAL staked! 🙌

$SOCIAL, the native token of Phaver, powers a vibrant SocialFi ecosystem. And we’re unlocking new ways to grow the app and create more engaging, rewarding experiences for users. 👇

How to Stake:

1. 👉 Visit staking.phaver.com/ and connect your wallet
2. 🦄 Select Stake and enter your $SOCIAL amount
3. 🎉 Start earning $SOCIAL rewards instantly!

Soon, Social Staking™ will let you stake on other's profiles, support them, and earn extra yield! 🔥

Phairdrop Season 2 claiming is now open, along with the first $SOCIAL Staking Pool! 🎉🦄

TL/DR: Claim your S2 inside Phaver app by Monday, it will be airdropped to your primary wallet after claims end. Stake your $SOCIAL before then to get extra 25%! ⤵️

How to Redeem S2 in-app:
Visit the Perks section in your Dashboard and choose how many Points you want to redeem for tokens in S2. 📲

Calculation:
The final redeemable amount is determined by the number of points you have available and your $SOCIAL holding multiplier, OR as a guaranteed minimum of 20% of your holding average.

Eligibility:
Users have until Monday 10am UTC to redeem Points, after which everyone’s share of the total reward pool will be calculated. Tokens will then be distributed within 48 hours directly to your primary wallet on Phaver through Base. You have until end of claiming to change your Primary Wallet if needed.
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Phaver introduces Social Staking, the first PvE SocialFi

Phaver has always focused on unlocking scalable creator and user rewards with SocialFi. With the $SOCIAL token launch in September, Phaver is ready to introduce a completely new model that offers the fun of daily speculation and supporting your favorite creators, combined with simple and sustainable staking pool mechanics.

Phaver’s new Social Staking model allows users to support creators and earn daily rewards by locking $SOCIAL tokens in a staking pool for at least 30 days. With dynamic yields that reward discovering new creators and a PvE structure, Phaver aims to create a sustainable SocialFi ecosystem where both users and creators benefit.

Read Article:
x.com/phaverapp/status/1852022239618842757

Gm Frens 💜 We're so back with Community Call 35!

🎙 Join $SOCIAL Battle with Joonatan and our special guest North Korean Police ⚔️🔥 We will tackle your burning questions live! Ask away on Huddle01, and catch the broadcast on X.

📅 Thursday, Oct 31, 2PM UTC
📍 On Huddle01: phaver.huddle01.app/room/ksh-fita-vqo

You can listen without connecting a wallet. If you want to participate from mobile, it works better with the Huddle01 application - paste this link there. 🙌🏼

See you there! 🤝

GM Frens! 💜 It's time to update Phaver app from App/Play Store to get latest updates. 🚀

The main feature of this update is the cap on the $SOCIAL average in the dashboard.

Phairdrop S2 focuses on $SOCIAL holders, and to prevent gaming the system, we’ve capped the 30-day average metric to be at most the current $SOCIAL holdings amount. 🛡 To receive the multipliers or the guaranteed $SOCIAL allocation in Season 2, the tokens must still be in user’s wallet at the time of the distribution. If you move the $SOCIAL out of the Phaver-connected wallet before then, you forfeit the multiplier and guaranteed allocation for the season. ⚠️

We've also rolled out various bug fixes and performance improvements! 🔥

Happy weekend and let’s keep Phavering! 🦄