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Content
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segwitnitwit pfp
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 pfp
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 pfp
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 pfp
baubergo
@baubergo-
So you don't get moxie at all by buying fan tokens? What exactly do you get?
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segwitnitwit pfp
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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