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Jason Goldberg Ⓜ️ 💜
@betashop.eth
Moxie Protocol actual tokenomics through 13 days since launch: Airdrops unlocked = 71.5M MOXIE Protocol emissions, for everyday rewards = 66.7M MOXIE TVL locked in Moxie Protocol = 177M MOXIE Protocol Fees Burned (from tx's) = 13.76M MOXIE Net inflows/outflows = -52M MOXIE There are also now 86,088 MOXIE holders vs 53,206 at launch (62% growth)
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I'm not sold on why moxie used to buy fan tokens = exiting the market. If somebody takes vested moxie and uses it to buy a fan token, it's not locked or anything. they can just sell the fan token and then sell the moxie, it's equivalent to holding raw moxie.
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Jason Goldberg Ⓜ️ 💜
@betashop.eth
The MOXIE used for the Fan Tokens is locked in the contract until it's sold the more value-add there created for holding Fan Tokens, the more that will remain locked
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Miguelgarest
@miguelgarest.eth
so vested moxie used for fan tokens, can be released by selling the FT anytime?
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Kieran Daniels 🎩
@kdaniels.eth
No it goes back to your vesting contract but you can sell surplus.
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Miguelgarest
@miguelgarest.eth
thanks, that's how I understood it but for some reason this convo made me think otherwise.
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Kieran Daniels 🎩
@kdaniels.eth
It’s because Jason ignores the real issues with moxie and just says nonsense about there being actual value. Until they provide another sink other than buying fan tokens then this is just going to spiral.
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