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segwitnitwit
@segwitnitwit
ayo @betashop.eth re: moxie split on casts do user + channel fan token holders get x% of the moxie earned by a cast OR is x% of the moxie used to purchase and then burn the user + channel fan tokens? your posts have been saying one thing, but it seems the docs say another.
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Jason Goldberg Ⓜ️ 💜
@betashop.eth
The rewards shared with fans are enacted by buying and then burning that amount of fan tokens, which serves to increase the price of that fan token without diluting the ownership
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Luffy
@hinhuk
Let's say a Fan token go up, how can we sell it? To another one or there will be market for it?
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Jason Goldberg Ⓜ️ 💜
@betashop.eth
Fan Tokens can only be sold back to the Fan Token contract; there are no secondary markets possible for Fan Tokens nor person to person transfers when you buy a Fan Token the price increases slightly for the next buyer/seller when you sell a Fan Token the price decreases sightly for the net buyer/seller the contract ensures there's always liquidity for every buy and sell
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