Moxie Official

all moxie rewards now go 100% to fans — always! By buying/burning fan tokens 

That’s 90% to fans of the earner 

+10% to fans of the network (base or farcaster) where earned (+20% for channels on FC)

Base Economy token continues to brrrrrrrr

chef at moxie.xyz - the ecosystem for creators on Base. Launch & own Creator Coins. 🔜 Creator Agents with skills to help creators earn, trade & grow!

You've mentioned the buy/burn mechanism in a few different casts announcing the change. Could you or someone else dumb it down and explain what that means exactly? What gets burned and what gets bought?

He/Him | Reparations Now | /aj | /dcl | /wac |

The protocol buys the fan token which increases the price for the next buyer. It then burns it so it doesn’t exist. 

Net net net:
price go up. Supply stays the same.

Thank you for the speedy reply. One additional question if I may.

If I buy 100 of your FTs and they are then transferred into my wallet, which FTs does the protocol burn and from where?