Moxie Official

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.

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

founder /openventures | /proxyswap | tokenbot @clanker

appreciate the clarification!

cc:@proxystudio.eth 🫡

Base degen. I share token I found on Base, NFA!

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

Let's say a Fan token go up, how can we sell it? To another one or there will be market for it?

Jason, tbh I didn’t understand a thing from this… 👀

Okay, so it seems different from what many people are thinking, I guess? 
You don't actually get a share of the Moxie rewards others are receiving; instead, you get...nothing directly. 
The fan token you hold just appreciates in value, and then you can sell it in the future for a higher price, is that right?