Jason Goldberg Ⓜ️ 💜 pfp
Jason Goldberg Ⓜ️ 💜
@betashop.eth
Every day the moxie supply gets lower and lower as more people use the protocol -5% on every fan token auction -2.5% on every fan token sale -5% on every Moxie Earn ad campaign resulting in 39,246,988 moxie burned from protocol transaction fees in just the first 107 days, lowering the total ever moxie from 10,000,000,000 to 9,960,753,012 already and dropping circulating supply by 2.5% from tx fee burns alone healthy SocialFi tokenomics + increasing scarcity!
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Brandon Yoshizawa 🎩🔵💎 pfp
Brandon Yoshizawa 🎩🔵💎
@bay-photography
Is this correlated with price much?
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TaylorWebb.eth Ⓜ️💜 pfp
TaylorWebb.eth Ⓜ️💜
@taylorwebb.eth
in the short term probably not - if you graphed the two on a chart you probably wouldn't see a correlation. But the fact that there is a consistent, significant burn certainly affects prices in the long term
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