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@proxystudio.eth
Category: Protocol Launch Protocol: /airstack Moxie Token Contract: 0x8C9037D1Ef5c6D1f6816278C7AAF5491d24CD527 Founder: @betashop.eth Time: 10 am EST / 14:00 UTC Tags: token, fan-tokens, auctions, social-capital Notes: Moxie launches today on Base. Probably the biggest Farcaster project launch of the summer. Be careful, don't get scammed. Your airdrop is vested for 180 days but you can use it to buy Fan Tokens. Don't spend all of your Moxie on the first fan token auctions, take some time to do research on average daily $MOXIE rewards earned by users & channels, auctions will be white-list only at start and then will open up to everyone. If you have any questions, please don't hesitate to ask, happy to help if I can.
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Ramsey  🎩🤝  pfp
Ramsey 🎩🤝
@ramsey
I looked at Moxie several times and I still don't get it. What will happen if I buy or bid on a fan token? How do I "earn" money?
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@proxystudio.eth
if you buy a user's or a channel's fan token, you a pro-rata share of 20% of the MOXIE that user earns based on their engagement on Farcaster (during the 'free' MOXIE rewards period) you also earn MOXIE based on getting engagement as a Farcaster user yourself
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Ramsey  🎩🤝  pfp
Ramsey 🎩🤝
@ramsey
Great thank you. 200 $DEGEN So, regarding the total supply, a part of the Moxie is distributed to us (vested if not buying fan tokens), a part is available to buy on DeXes and Gate and Kucoin, and a part is being distributed to people/their fans based on engagement during this Moxie rewards period?
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