six
@six
I see people point to the Moxie chart as a reason for it being a failure or something, IMO this does not make sense. The median Moxie participant is a Farcaster user who never touched the protocol and just sells their airdrops and rewards. This median participant has exclusively made money and overall has had a good experience with Moxie. In this way, Moxie is a wealth transfer from Airstack VCs to Farcaster. Great for the ecosystem
8 replies
13 recasts
33 reactions
agrimony↑🎩
@agrimony.eth
The moxie chart doesn't even look that bad? Hasn't it been fluctuating between 0.002 and 0.005
1 reply
0 recast
1 reaction
six
@six
it launched super high so the full chart looks a bit weird if you're comparing to launch price
1 reply
0 recast
3 reactions
agrimony↑🎩
@agrimony.eth
Yeah but that was more just weirdness in how they decided to just let it go yolo on a dex without committing much liquidity.
0 reply
0 recast
1 reaction