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segwitnitwit
@segwitnitwit
important clarification. fan token holders do not directly receive moxie. instead that % of moxie rewards from a cast is used to buy those fan tokens and then burn them
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baubergo
@baubergo-
So if I have 100 tokens from someone who makes 10k one day, what exactly I will get?
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segwitnitwit
@segwitnitwit
the more someone makes in a day, the more of their fan token will be bought and burned buying it will increase its price and burning it will decrease the supply
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baubergo
@baubergo-
So you don't get moxie at all by buying fan tokens? What exactly do you get?
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segwitnitwit
@segwitnitwit
you get a token that represents that person/channels engagement the more moxie they earn from engagements on their posts the more moxie is spent on their fan token the higher the price of their fan token at least in theory
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baubergo
@baubergo-
Oh well. I thought you would get a % of their rewards (as $moxie) everything on the site leads to that narrative tbh Are you sure? That would make fan tokens something else completely like one of these card games.
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segwitnitwit
@segwitnitwit
positive. it's what the docs say and what @betashop.eth said. see the quoted cast
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