Moxie protocol burns transactions fees from protocol usage daily. Here's the latest Moxieburn!

🔥 1,293,326 MOXIE 🔥 

Total burned: 5,582,429 Moxie
https://basescan.org/tx/0xdc2383d94f15d0413c31b46e9f2f0ca8b1d4fa572b9f7656aca6d8322046a5a4

Moxie has in-built burn mechanisms that actually work. 

A few days ago there were ten thousand million moxie in the world.

Now there's five million fewer.

Keep going.

🎩
Ⓜ️

I like deflation better than inflation 🤝

Total Supply is decreasing. 
The number in my wallet is increasing. Bullish.  
🎩
Ⓜ️

Building /ambassadors and /base-ph. Warpcast is super fun. 

/project /bid /replyors https://newsletter.ambassadors.gg

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de. deflationary.
and yes. we are (if usage holds constant. more will burn as usage increases)

Holly shit we’re THAT much inflationary?!🤯

Art Historian • NFTs • Crypto Assimilator.

hope this will give also the degen the opportunity to shine. As bitcoin is the biggest one , degen can be the biggest one in purple space simultaneously with moxie and other that will grow big

Building /fc-africa || Project Manager || Biotechnologist || GYM BRO. Culture eats Strategy for Breakfast. Founder /ftc

I feel the same way but only when burn is a reaction to price decay. That's foolish or misleading.

When burns are a thoughtful part of the protocol design, I'm all for it 👏

I don't care much about burning tokens, they've never really been what saves a project

I'm here for the build

A few days ago there were ten thousand million moxie in the world -> I thought it's 1.5 bill according to https://circulating-supply.moxie.xyz/, where do u get that 10M moxie wake?

Base degen. I share token I found on Base, NFA!

10B moxie total. I don't care about circ usually.

They burn whenever they're sold. Less exciting, but humming along.

What about FT burned? Is it started? I don’t see burn checking contracts! 👀

"Cracked but still rolling—degenerate egg life. 🍳🥚"

Depends on how the protocol gets used but yeah, burns happen routinely, often .

Normie truned into degen in FC | I'm mostly JK | Host /venting /burrfrens | mod /impact /byegary

Maybe. Reducing total token supply reconcentrates the value held across fewer tokens.

ie, if there are 100 moxie tokens total and the mcap is 100... and we burn 20% for 80 tokens remaining... if the mcap holds constant, token price /must/ increase. markets are more complicated than that, of course.

What does it mean? Burning Moxie will avoid price droping?

Crypto💲, Chess♟️, Math➕️ 📍fid : 16565

Is there any frame or something else to check how much we earned from fan tokens?

From pre-school to kindergarten, perhaps 😄

are we all graduating thanks to Ⓜ️oxie? is that are you implying? 🥰

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and by god it's aggressive enough that it might, just might favorably affect token price (over moxie's lifespan, not soon).

holy shit didn’t realize the supply shock dynamics at play here

I really like the 5% of sells buying your own FT.

I ended up with 70 extra FT from it already.