Content
@
https://warpcast.com/~/channel/ccarella
0 reply
0 recast
0 reaction
Chris Carella
@ccarella.eth
Who can tell me more about my Moxie Fan Token?
4 replies
0 recast
7 reactions
naaate
@naaate
At the current price, 20% of your average daily earnings is around 0.5% of the value of your fan token, which will be used automatically to purchase more of your fan tokens daily (without adding to the #), thereby increasing the price automatically (as long as nobody sells). How much? ....well, you have to use this formula... 🤷
0 reply
0 recast
0 reaction
naaate
@naaate
So, if holders actually got a 0.5% daily return on owning your fan token that would be a really high rate of return (as logn as moxie price is stable), but instead of getting it directly, it's going to purchase your fan token, which would increase the price much less than .5% daily.
0 reply
0 recast
0 reaction