we are on track for launching Base Network fan token on thursday

Network tokens get 10% of all rewards earned in the network

here's what the Farcaster Network token has done since launch 👇

are you ready to get Based?

Anyone know if the 10% comes out of the FT referral rewards or engagement rewards? 

In either case, will this be reducing how much users are currently getting by 10%?

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there will be 2 types of rewards:

1. rewards earned on farcaster - 10% of these rewards flow to the FC Network fan token  (as we have it today)

2. rewards earned by using base - 10% of these rewards flow to the Base Economy fan token (new)

a 3rd category, Moxie Earn promotions will be also be split based on who is earning (FC users or non FC users)

chef at moxie.xyz | Moxie is your onchain AI assistant—analyzing transactions, unlocking social alpha, and executing trades on your behalf.

Will this be reducing the split casters are receiving from engagement by 10%?  

For example… Will someone who is on a 50 caster/20 fans/20 channel/10 network
 
be changing to 40 caster/20 fans/20 channel/20 network?

no

it's completely separate

casts earn for farcaster, they don't earn for base

base usage earns for base, not for farcaster

whenever you earn your splits remain the same (e.g. 20% to you, 60% to fans, 10% to network)

Ahhhhhhh. Okay. Thank you for clearing up you aren’t selling us a pay cut as a network FT. 🤣