Jason Goldberg Ⓜ️ 💜
@betashop.eth
the end of $moxie farcaster emissions is a huge 💪signal for @moxie.eth protocol 💜 no more daily sell pressure from free rewards 💙 demand driven tokenomics users buying creator coins and data coins to access AI powered social alpha speculators snapping up $moxie powered data coins at furious pace: 10k onchain moxie protocol transactions the past 24h Dozens of skill coins about to drop: Base Whale hunting coin in a few days New uses for Farcaster and Base coins in dev
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Reeeny
@reeeny
But doesn't this end the "always up" for every Farcaster user? I could just buy anyone, because the daily burn would ensure that the line goes up and that's a huge positive in momentum and as advertisement. What's the equivalent now?
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Jason Goldberg Ⓜ️ 💜
@betashop.eth
Now market forces take hold
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Reeeny
@reeeny
Could you explain based on what? Is there another burn mechanism? Why would anyone hold the Farcaster network token? I feel like you are taking away one huge benefit of Moxie (and one of the things that was easily explainable to my non crypto friends who bought my FanToken)
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KiddⓂ️etro 🎩
@lorenzo-007
Almost as equalled to we are cooked FR holders dumping on their fans immediately I guess that the price we pay
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