The native token for Web3 social networ Friend.tech fell sharply today after the protocol's co-founder, known pseudonymously as Racer, publicly expressed a desire to leave Base, the Coinbase-created Ethereum Layer-2 network that hosts the project. 

"System design bounty: If you can figure out a way to migrate friendtech off of Base without causing major issues for users, and it works well enough that we decide to use it, we will pay you $200K," Racer wrote on X. 

According to Racer, the Friend.tech team's relationship with Base has been rocky. "Farcaster investors went apeshit smearing us when we launched because they misunderstood what we were doing. Pushed it really hard on their team and users and the relationship has been downhill since then with us getting ostracized from …