airstack

Working on Airstack and Moxie | airstack.xyz | moxie.xyz | hihi! 


The 5% fees that are split when someone buys or sells a FT. When are those dispersed? Immediately?

Instant. Such as a few minutes ago when someone saw fit to sell 400 tokens, yielding this 👇

So to understand, someone sold 400 tickets and you get this as a % from the sale?

Sr. Product/UX Designer in automotive. Dad. /starcaster Design Resources: www.uiresource.design building /rumours rumourcast.xyz

Correct. 2.5% goes to me, 2.5% gets burned. The sold tokens are also destroyed.

Nice! So it is kinda in your best interest when load of people buy and sell.

When they hold you don’t really get anything from it right?

I would believe a lot of users like myself would hold just to get some rewards. As earning rewards from holding could bring in more then simply trying to hustle engagement here as it is unsustainable to cast huge amounts without becoming a bot. 

However, it’s unclear how much I’m actually getting from token holding rewards. X% of 20% = how much? :p

Right. Stagnant holding does nothing useful.

Drakula is simpler but similar: artists want trade volume, not a bloated token price. If price is too high, no buys. If holders are stubborn, no sales. Ded.

That said, Moxie has a couple of mechanisms to keep fan tokens churning, including the Every Day rewards buy-back-n-burn. As long as the /entity/ is active, the fan tokens will appreciate (all else held constant).