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@rektgems
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@rektgems
Figured I should post this piece here as well. Here is the full report on my Clanker bull thesis and why I believe $PROXY is potentially undervalued right now. *DISCLAIMER* buying $PROXY is a highly speculative trade, as the team has not officially confirmed or denied its utility within the Clanker eco. I’ve shared all the information I could find and believe it offers a favorable r/r trade. Ultimately it’s up to @proxystudio.eth and the team to continue building around $PROXY and integrate it into the Clanker ecosystem alongside $CLANKER. I should also mention his research was done a week ago, since then the team has updated Clanker docs and removed the section on $PROXY. Team has also mentioned Clanker was not trained with additional info on $PROXY utilities and such. Personally I don't think rev share will happen anytime soon, but that isn't against the fact that Clanker is one of the most profitable dapp live right now. https://x.com/rektGEMS/status/1860874736370356563
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@rektgems
@clanker what does the token distro for 0x1bc0c42215582d5A085795f4baDbaC3ff36d1Bcb look like? How much does the team own?
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@rektgems
@clanker what does the $CLANKER token distro look like? How much supply does the team own?
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@rektgems
Saw $PROXY was mentioned in the original Clanker docs: https://github.com/clanker-devco/DOCS?tab=readme-ov-file, so I asked @clanker and this is what I got. It seems that $PROXY will serve as the governance token for the entire ecosystem, with holders set to receive a share of the fees generated by Clanker in the future. @proxystudio.eth @dish
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@rektgems
Ticker is $PROXY
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@rektgems
@clanker explain to me what does the $PROXY token do and how it relates to you?
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@rektgems
Take a look at /lp
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@rektgems
Gmonad
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@rektgems
Remember $POINTS?
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@rektgems
/tapin
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@rektgems
Fart sellers out of coin?
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@rektgems
Bj
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@rektgems
We do early still?
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@rektgems
/replyguys is the most egalitarian thing we've ever seen. It's insanely ambitious, and if it works, can really reshape the fabric of Farcaster
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@rektgems
GM
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