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degen chad 🎩🤫Ⓜ️ pfp
degen chad 🎩🤫Ⓜ️
@degen-chad
Let’s try something here. I’d like the community to try to educate each other as much as possible. I’ve included a link to the ponder question from yesterday with the responses of what people would like to know more about. If you’re feeling motivated, copy one of those, paste it into a cast, tag the person who asked, and answer their question. The mods and I will engage on your answers. https://www.weponder.io/questions/9c7d50ee-64f6-4814-ad6d-478183ccb702
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Hotch 🎩 pfp
Hotch 🎩
@jph.eth
how are cannel and user rewards distributed to token holders?
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Freytrades🎩📈 pfp
Freytrades🎩📈
@freymon.eth
through a process called BUY AND BURN, the rewards aren’t really sent to the users in an equation, the proceeds are used to buy the fantoken (of the channel or user) and then burn it thereby increasing the price of the fantoken. That is why a fantoken can never go to zero (or one of the reasons why, there’s also something called the reserve value too @mr-silverback knows better about this)
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Ruhul pfp
Ruhul
@ruhul0.eth
If you hold a channel token you'll get a share of the reward. And if you earn casting to channel a portion will be cut from that. Add moxie action to check how much your moxie is distributing. How much you'll get and how much your fan and channel will get
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