Farcaster

airstack

The rewards shared with fans are enacted by buying and then burning that amount of fan tokens, which serves to increase the price of that fan token without diluting the ownership

important clarification.

fan token holders do not directly receive moxie.

instead that % of moxie rewards from a cast is used to buy those fan tokens and then burn them

yeah most people, myself included, thought you got moxie direct

growth @teller coming soon @clarity





























































hosting /kieran /usdc /loans 

only way you can buy fan tokens.

see someone popping off on farcaster?

get moxie to buy their fan token early (before other folks catch on)

then 20% of the moxie from their casts buys their token, which causes it to go up

IRL: Creative Director who makes movies and ads.

I make a cast
it earns 1,000 moxie

500 moxie - to me

200 moxie - to buy and burn my fan token

200 moxie - to buy and burn the channel fan token

100 moxie - buys and burns farcaster tokens

icebreaker.xyz/0xen |
https://gallery.so/Oxen/galleries | https://opensea.io/collection/farcats

into the bonding curve.

it's the same as any one of us buying a fan token

but the fan tokens purchased are then burned

where does the moxie used to buy the fan tokens 'go'

• Neighborhood friendly Breadcat 
• Dad 1st • Dev 2nd 
• I want to bring dreams to reality
 • How can I help you? • Maker of /feesh 
• Hypersub:  /mega-big-town

the more someone makes in a day, the more of their fan token will be bought and burned

buying it will increase its price and burning it will decrease the supply

So if I have 100 tokens from someone who makes 10k one day, what exactly I will get?

Ok so then the way to profit is by selling the fan token later?

It'll be interesting to see what sort of speculation develops around the fan token market, since it's the value of the fan tokens that go up and the only way to get the Moxie out of them is to then sell them.  At which point, you lose any perks that came with the fan token.