neynar

Neynar to find new operator for Farcaster

#Neynar announced a protocol update on August 17, looking for new operators for #Farcaster , #Clanker , and its developer platform. The move marks Farcaster’s second ownership change in 2026, while protocol revenue has plunged from $35.43M in Q1 to just $376,700 as of August 17. Clanker buybacks have stopped, with the token trading at $12.29, while new token listings have slowed amid the project’s growing financial pressures.

👉 x.com/rish_neynar/status/2089417144861688052