Decentralized social protocol Farcaster has officially clarified that it has no plans to issue a token. The confusion arose from a forked protocol, Hypersnap, which has been referring to its token as the "Farcaster token," leading to misunderstandings within the community. Farcaster emphasized that it aims to avoid speculative activities that could attract bots and airdrop hunters, potentially harming user experience. The protocol remains focused on building a better network.