airstack

Working on Airstack and Moxie | airstack.xyz | moxie.xyz | hihi! 


The 5% fees that are split when someone buys or sells a FT. When are those dispersed? Immediately?

Instant. Such as a few minutes ago when someone saw fit to sell 400 tokens, yielding this 👇

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@wake.bsky.social

Oh thats funnn
and also you know who sold so you can block 😅

pointless ramble :: most memes are original ::

I genuinely do not mind the sales.
What I /want/ is trade volume 🌀

Ahhh..5% fee when someone buys as well
that makes it worth while actually.. more free moxie

it covers the "loss" of the 20% less moxie vs not having a token ++

I wonder when the time of the medium and small accounts will come so that we'll have a full internal economy...
Thinking out loud here, wonder if it's better sooner when not having many followers, to have less tokens in circulation..

No, I think it’s only on sells. Buys help the price of the token so it’s kind of a win/win.

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correct; only sales produce fees. some go to the token entity, the rest get burned (currently).

For every fee I receive, an equal amount gets burned. That makes me smile.

Yeah. And as we've seen, it's possible for moxie to burn quite a bit if utilized. If it succeeds and helps to grow farcaster, it will also run up its own burn rate.

I like the some “some get burned” part of that. Every one that gets burned means I’m holding a slightly higher %.