Insider Trading

📢 Update on Farcaster Rewards

Since July 29, Farcaster users earned 2.2B $moxie—22% of total supply—through rewards and airdrops. ~$7M at today’s price!

Key Highlights:
🔹 1B $moxie Airdrop -- done
🔹 1.2B $moxie Rewards since July 29 for casts & frames -- done
🔹 +add'l 200M $moxie for Based Rewards 

What Now?
Moxie rewards helped grow Farcaster and seed the ecosystem, but now:
1️⃣ Moxie AI launched, driving paid demand for Moxie coins—market cap for Creator & Data Coins surged 50% 
2️⃣ Warpcast launched its own rewards for casts & frames, keeping incentives strong
3️⃣ All $moxie allocated to Farcaster has been distributed!

Effective Today:

✅ Farcaster Rewards end as Moxie shifts to sustainable, demand-driven tokenomics

✅ Farscores are discontinued due to high infra costs and reduced need

✅ Based Rewards continue, rewarding Base users—including Farcaster members

🚀 The future of Moxie is AI-powered Onchain Alpha! 

Thanks for being part of the journey!

No more moxie rewards for Farcaster content. This is great for people who were concerned about inflation and farmers. 🤙🏼

Founder of /success & /insider-trading. Search Marketing Director at Kraken Kratom.

Removing Moxie rewards aligns with stabilizing Farcaster’s economy—less inflation, fewer farmers, but also a shift from incentivized engagement to organic. Curious to see how the vibes evolve 🤔