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Jason Goldberg Ⓜ️ πŸ’œ pfp
Jason Goldberg Ⓜ️ πŸ’œ
@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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Maretus pfp
Maretus
@maretus.eth
Thanks for sharing this Jason. So, knowing this then, it seems the issue is buy pressure currently. Do you think there are any catalysts that will impact buy pressure beyond Farcaster growth in general?
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Alemac pfp
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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Max Jackson pfp
Max Jackson
@mxjxn.eth
Only makes sense that there would be an initial sell-off from any new coin before the first wave of builders show up strong and convert all into believers
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aferg pfp
aferg
@aaronrferguson.eth
Moxie Snopes strikes again
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Duraa
@duraa.eth
What is the determining factor of lebaling someone as a farmer?
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Marcelo TerΓ§a-Nada πŸ’ŽπŸŽ©βœ¨ pfp
Marcelo TerΓ§a-Nada πŸ’ŽπŸŽ©βœ¨
@marcelonada
I'm using my daily rewards to invest in FTs. If I had more Moxies, I would invest even more. (I don't even know if anyone currently sees the comments I post. I will continue to be active on Warpcast, as I have been for the past 6 months)
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Phil Cockfield pfp
Phil Cockfield
@pjc
cc @yeoro.eth
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aqueous πŸŽ©πŸ–πŸ‘‘β“‚οΈ pfp
aqueous πŸŽ©πŸ–πŸ‘‘β“‚οΈ
@aqueous
Thanks Jason! I don’t understand it all but working on it. πŸ™‚
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Rani
@4484
this is great insight. still no incentive to buy the token when u can just "farm" it.
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Gwynne Michele pfp
Gwynne Michele
@thecurioushermit
I also notice weekend dips there, which tracks with people complaining about low-engagement on weekends, which is common across social media. I've noticed dips in engagement during the weekend (and in the summer) for years on other platforms.
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Kat Kartel πŸ–πŸƒπŸŒˆ pfp
Kat Kartel πŸ–πŸƒπŸŒˆ
@katkartel.eth
Curious to know how many of the top moxie earners are currently NOT claiming their daily rewards πŸ€”
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FCP
@fuckcoolpussy.eth
We need more liquidity for $moxie and market makers to stabilize selling pressure and price volatility, do you have any plans for this?
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Parth
@parthvora
Do we have any usecases except buying fan tokens for now? Eventually everyone would sell off right?
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Eta111
@eta111
πŸ‘ πŸ‘
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chrismartz
@chrismartz.eth
thanks for this
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Jack
@jackten
What is the value proposition for moxie? Like would people want to buy/keep it other than speculation?
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DADDY πŸ§‘β€πŸ¦°πŸ» pfp
DADDY πŸ§‘β€πŸ¦°πŸ»
@sohan0323
So the moral is Ⓜ️oxie rewards remain stable, despite misconceptions about skyrocketing emissions. The system is designed to maintain balance, with daily emissions consistently managed. So we shouldn't be misled by rumorsβ€”Moxie remains strong and reliable. Thanks @betashop.eth for your hardwork
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PulsechainisREALdefi pfp
PulsechainisREALdefi
@bluecolardegen
Love seeing proactive solutions to fud. Thanks for the update
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Ida Belle πŸŸͺβ“‚οΈπŸŽ©πŸ«‚πŸ– pfp
Ida Belle πŸŸͺβ“‚οΈπŸŽ©πŸ«‚πŸ–
@ida
I’ve also been inclined to keep and invest my moxie so this is a relief. Thank you for sharing this.
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