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memes4airdrop
@wake
Instant. Such as a few minutes ago when someone saw fit to sell 400 tokens, yielding this πŸ‘‡
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not_not_Duna πŸ–βž° pfp
not_not_Duna πŸ–βž°
@imduna.eth
Oh thats funnn and also you know who sold so you can block πŸ˜…
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memes4airdrop
@wake
I genuinely do not mind the sales. What I /want/ is trade volume πŸŒ€
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not_not_Duna πŸ–βž° pfp
not_not_Duna πŸ–βž°
@imduna.eth
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..
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Wellzy πŸŽ©πŸ°πŸ–βœž pfp
Wellzy πŸŽ©πŸ°πŸ–βœž
@wellzy
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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memes4airdrop
@wake
correct; only sales produce fees. some go to the token entity, the rest get burned (currently).
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Wellzy πŸŽ©πŸ°πŸ–βœž pfp
Wellzy πŸŽ©πŸ°πŸ–βœž
@wellzy
I like the some β€œsome get burned” part of that. Every one that gets burned means I’m holding a slightly higher %.
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memes4airdrop
@wake
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.
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memes4airdrop
@wake
For every fee I receive, an equal amount gets burned. That makes me smile.
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