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Jason Goldberg Ⓜ️ 💜
@betashop.eth
clearing up a couple of common Moxie misperceptions: 1. So much Moxie is being farmed that the amount of daily rewards emissions is skyrocketing. FALSE. See the actual chart below. It's stable. And Farmers are sent to jail right away and don't get to claim rewards. 2. So many people are claiming their Rewards and dumping them. FALSE. Much of rewards earned remain unclaimed every day, and the amount of Rewards used to buy Fan Tokens is very very high in comparision
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Alemac
@alemac
Data is data. Daily rewards emissions is not skyrocketing. Every day there are fewer interactions and therefore less MOXIE is emitted. But that amount is increasingly distributed among the same group of people. If it is used in the protocol, what is the reason for the sales ladder? Low liquidity? Any ideas to encourage adding liquidity? Some thoughts, nothing against the team, which I see all the time building and improving.
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Kieran Daniels 🎩
@kdaniels.eth
I’ve been saying this over and over since the beginning of this project but Jason has firmly avoided the issue and just keeps pointing to fan token TVL which is wishful thinking at best. The ponzi is already dying it’s just slow.
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Alemac
@alemac
I never said ponzi. What was your problem from the beginning? did you buy moxie at its launch? What price? Curious.
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Kieran Daniels 🎩
@kdaniels.eth
I mean I don’t wanna re hash the entire event again but every single person that bought moxie on a DEX at launch got arbed 80% immediately because they did a sketchy KYC gated CEX launch and only provided proper liquidity to the CEX. There is no explanation for why they did this and instead of addressing the situation Jason completely ignores it. Everyone lost all their money and the token continues to collapse because of lack of liquidity. Moxie will survive but the token is going to collapse in order for the reward emissions to balance out. Watch.
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