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Jason Goldberg Ⓜ️ 💜
@betashop.eth
Moxie Protocol actual tokenomics through 13 days since launch: Airdrops unlocked = 71.5M MOXIE Protocol emissions, for everyday rewards = 66.7M MOXIE TVL locked in Moxie Protocol = 177M MOXIE Protocol Fees Burned (from tx's) = 13.76M MOXIE Net inflows/outflows = -52M MOXIE There are also now 86,088 MOXIE holders vs 53,206 at launch (62% growth)
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@six
I'm not sold on why moxie used to buy fan tokens = exiting the market. If somebody takes vested moxie and uses it to buy a fan token, it's not locked or anything. they can just sell the fan token and then sell the moxie, it's equivalent to holding raw moxie.
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Kieran Daniels 🎩
@kdaniels.eth
Jason has this way of acting like he understands and reads your valid issue with tokenomics and then he says some random shit that doesn’t make sense like it’s a real answer. There is literally no value for moxie other than selling every day you get it. Buying liquid fan tokens is not “locking” it in anything that’s just a lie.
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David Furlong
@df
I think TVL generally doesn't have the requirement that the tokens must be locked for some specific period. Example: I can withdraw all my aave loans at any point, and they count them to TVL
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Kieran Daniels 🎩
@kdaniels.eth
No one is arguing the definition of TVL I am arguing that Jason is constantly disingenuous with how Moxie works. There is no negative emissions or locking like he implies. The token and fan tokens have been dumped daily and that hasn’t stopped so the alternative thesis is just wishful thinking so far.
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David Furlong
@df
curious how you would change the tokenomics to fix this
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Kieran Daniels 🎩
@kdaniels.eth
The tokenomics are reliant on something of value being provided in return for moxie. That doesn’t exist. Fan token volume has been mostly people buying the auctions and then dumping the tokens immediately after and then selling the surplus moxie. This will continue and the liquidity will continue to spiral.
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