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https://warpcast.com/~/channel/airstack
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Edward H. Carpenter
@ehcarpenter
A lot of my fans seem to be MOXIE-maxis - so I'm very curious to get their perspective on this essay, which suggests that staking tokens for reasons other than PoS network operational requirements may be a cause for concern. What do you think, @inceptionally @leewardbound @katwolfie.eth @betashop.eth @ipeciura.eth @degencummunist.eth @6bazinga @kristinpiljay @thecurioushermit I look forward to hearing your thoughts/questions/answers!
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@degencummunist.eth
πtaking a look Iβd clarify that Iβm an algo coin maxi and Moxie is just the first iteration of one but I look forward to more of themπ
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Edward H. Carpenter
@ehcarpenter
Great clarification! I do like a lot of things about this token, and think there's a better way to relieve sell pressure than by locking/staking. Markets for products and services is one; dividends is another.
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@degencummunist.eth
Just finished my first read and will formulate my own paragraph response too bc I need to be more on top of doing thatπ Some initial thoughts tho 1. gotta consider the context of the entire crypto economy weβve been in to how $moxie is earned and widely distributed now with SocFi > how airdrop/coins were farmed in the past? All the miner/coding knowledge or when and where to stake/trade to farm the most airdrops? Eww and expensive$$$! Was solely a whales game 2. locking your moxie and boosting your FarPower IS a form of yield rewards bc A. Youβre distributing more moxie to your fans and in your interactions and B. If you also own the FanToken of the people your rewarding more moxie to, then you also earn more in the immediate term and itβs also unlocked Moxie 3. More points to come in paragraph but I gotta get ready for work so brb ttylπ
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