**[Farcaster Founder Clarifies: Protocol Currently Operating Normally, Home Purchase Funds Came from Coinbase IPO]** According to a report by Jinse Finance, Farcaster founder Dan Romero has made the following clarifications in response to market rumors: Farcaster has no plans to shut down. The protocol is currently operating normally and will continue to run stably in the future. As of December last year, its monthly active users reached 250,000, and the number of funded wallets exceeded 100,000. The acquiring party, Neynar, is a venture-backed startup that plans to pivot Farcaster toward a more developer-focused direction. Regarding the Merkle project, we plan to fully refund the $180 million raised to investors. Over the past five years, we have consistently strived to manage investors' funds prudently. Lastly, it is necessary to clarify that the funds used for my property purchase came from the proceeds of Coinbase's Initial Public Offering (IPO).