Moxie Official

Are there any things about Moxie that you want to see, but are not in the frames yet?

Share your ideas below 👇🏼 I might pick one to make and then send you some MOXIE prize.

Frame using @mr-silverback’s FMV formula to display calculated FT price target

Developer/Builder.
Snob.
Fren.
Hodler.
Based mmfer.

We do some music enjoying. We play some basketball. We degen with the homies.

Fan Token Spotlight

/superrare 
My largest holding behind Farcaster Network Token
Its been the top earner for the past several days with Moxie rewards far exceeding 100,000
Using 50,000 as a new moxie earning average here is the valuation
50000/7821=6.393
6.393 x 365 = 2333
Price currently = 683
3.42x to fair value

Key numbers...
average moxie reward 3388
recently running hot well over 10,000
supply 640 
20% allocation
Lets use 4000 to be ultra conservative

4000 * 0.2 = 800
800/640=1.25
1.25*365=456 target price
252 current price

Don’t think he’s written a blog post

https://warpcast.com/mr-silverback/0x655f30d2 

https://warpcast.com/mr-silverback/0xb4118667

I believe the formula is this:

DME = Daily Moxie Earnings
R = Reward Ratio Shared w Fans
TS = Total FT Supply
CP = Current Price

DME * R = FT Daily Return (DR)

DR / TS = Daily Return per Token (DRpT)

DRpT * 365 = Target Price (TP)

TP / CP = Expected Growth Multiple


The key assumption I see being made is that the daily return per token * 365 should be the target price. That seems a bit arbitrary, but I guess it provides a good way to compare values of FT at least. And it would still be cool to have this calculation built into a frame

Can you provide me with a cast/blog with more explanations? Sounds interesting.👀