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Degury.degen.eth
@ddongguri
✅ base reward 4m > 3m The rewards decrease (selling pressure reduces, allowing for more sustainable project operations) However, if the price continues to drop and rewards decrease, there is a risk of losing user trust. I hope the team will address this issue effectively. Overall, the base rewards have decreased from 5M to 3M. From here on, this is just my personal opinion. What if the 2M reduction is distributed for daily burns once a graduated token moves to v4? If that happens, users who invested 25 million Moxie will build trust in the team. Additionally, new users will have a compelling reason to invest 25 million Moxie and graduate.
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Jason Goldberg Ⓜ️ 💜
@betashop.eth
hihi 1.5B of the total ever $moxie supply was initially allocated for rewards + 1B for airdrops = 25% of total 10B supply given to users, and most already distributed! ...with the intent always being that utility drives demand over time as "free" rewards are used up. The "free" rewards were always intended to seed the market until paid/demand takes hold. as the price of $moxie has gone up 4x since we started based rewards, the $$ value of the rewards has increased dramatically. Today at 3M / day the value = ~$11k /day. When we started based rewards at 5M/day the value then was $4500/day. Our full expectation is that over the next weeks demand for creator coins will be more and more utility based, Moxie AI will drive that, you'll see :)
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Degury.degen.eth
@ddongguri
I am one of the people who actually thinks rewards should decrease. Through various discussions, I hope Moxie moves in a better direction. If reducing rewards can make the project healthier and more sustainable in the long term, I fully welcome it. I also believe that when expanding Moxie to X, rewards should not be concentrated solely on Farcster. I hope the community-centered approach can succeed even more strongly.
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