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Jason Goldberg Ⓜ️ 💜
@betashop.eth
gm! Ⓜ️💜 I'm Jason Goldberg, head chef in the moxie mafia AMA
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TylerFoust🎩Ⓜ️🎯
@tylerfoust.eth
Glad to see you on our channel! I have two main questions: 1. When will there be clear penalties for farmers, and what compensation will be provided to investors? 2. What factors in the near future are expected to drive the growth of $MOXIE?
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Jason Goldberg Ⓜ️ 💜
@betashop.eth
bigger picture: Based Rewards is helping drive signups to moxie.xyz in just 10 days since moxie launched on base: 12,000 user profiles created with web2 socials + onchain wallets connected; this is massively valuable and growing super fast >7K users signed up for Moxie with their X account + wallet the # of $moxie holders grew to 107,000 the # of fan coins grew to 4,500 -- blatant farming sucks for everyone and we're working on a number of measures to combat it and make it more fair, with many more updates rolling out this week but still the total rewards issued per day is around 1% to 2% of the total $moxie trading volume so this is a lot smaller issue at the macro than people feel it is emotionally; we get that because everyone wants to "farm" moxie and some are better at farming it than others -- in terms of near term growth: AI + crypto + CT influencers on X. Moxie is going to own that space.
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yjx278
@yjx278.eth
No punishment for those who siphoned based reward by making tons of 1 token send or 0.1 usd swap? They even used moxie earn to flex their earnings so people will join using their refferal link You can see their wallet activity using interface
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Jason Goldberg Ⓜ️ 💜
@betashop.eth
farmers will always try to find an angle the best way to "punish" people is to make the system more fair for everyone -- which is where we are focused
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yjx278
@yjx278.eth
Thats unfair for us regular users And these groups does it more than once, at every loophole Just because they invested a lot doesnt mean they have to be exempt to the rules Whats the use of moxie jail then?
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Jason Goldberg Ⓜ️ 💜
@betashop.eth
if someone is breaking rules, we will ban them but if someone is exploiting a hole in the system, our focus is on fixing the hole
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yjx278
@yjx278.eth
Then its okay to exploit the loopholes, because there will be no consequences?
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