in a couple days we'll release the schedule for the initial 
Farcaster Fan Token Auctions using Ⓜ️oxie protocol! 

In this cast I explain some of the how, what and why on 
Moxie Fan Token Auctions👇 

Auctions will take place in frames on Warpcast
The entire schedule will be posted on airstack.xyz 

The number of Fan Tokens available at auction = 10% of the Member / Channel's followers

Any Farcaster Member with a Moxie Pass can bid

Bid using Ⓜ️oxiedrop tokens or any $MOXIE acquired from exchanges

Everyone whose bids clear get the Fan Tokens at the same price; the auctions enable fair & efficient price discovery

90% of proceeds go into a bonding curve to ensure continuous liquidity. The bonding curves are logarithmic favoring utility vs. pure speculation

5% goes the Member / Channel owner in the form of their own Fan Tokens

5% are protocol as fees, burned

We'll start w a curated schedule. 
Soon anyone can schedule their own auctions

The screenshot below is direction, not the actual schedule

Working on Moxie at Airstack| airstack.xyz | moxie.xyz | hihi! 


So anyone right?
I can set it up for my profile + channel right?👀🖤

Just /keepushing • believer of /weareone          3D artist • Year 4 of everydays 

Growing Farcaster's GDP at Airstack.xyz. 

We'll start w a curated schedule. 
Soon anyone can schedule their own auctions