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π£ππ£ π©
@zoz.eth
Farcaster Network Fan Token represents a leveraged investment in Moxie & Farcaster. Currently, the Moxie protocol is buying and burning approximately 539 tokens daily (based on an average daily earnings of 370,908 divided by the current fan token auction price of 688). This suggests that in just over two months, it will have bought and burnt the equivalent of the auctioned amount (40,000 tokens). *Please note, this is a rough estimate and changes based on various factors(but who cares). EVERY CAST CONTRIBUTES 10% OF ITS REVENUE TO FARCASTER NETWORK FANS Among all fan tokens, this is the best investment, which is why I used my entire airdrop to buy as many as possible. Additionally, We purchased 2.2M $MOXIE on the open market and allocated all of it to the auction. https://warpcast.com/web3sc.eth/0x8e3a4746
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Commstark π©π«
@commstark
/zoz knows what was the final price unclear if I won or not
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Luffy
@hinhuk
Also, imo all users will share 20% their earning after the auction end to their fan token owner. So the current earning of them are not exactly right, not to mention they can stop casting. Network is the best choice
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agrimonyβπ©
@agrimony.eth
I was gonna increase my bid near the end but was too afraid of cancelling and not being able to rebid lol
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agusti π
@bleu.eth
goddamn zoz i had some technical issues and couldnt bid, do you think its still a good buy once i can with my airdrop on the bonding curve rn?
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Beninem
@beninem
I like your math. 4569 $DEGEN
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Luffy
@hinhuk
Same thoughts, I went all in and max bid what i have, no brainer bid this one!
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assayer
@assayer
such an obvious bet all you have on one Network fan token, to max chances auction divide your investment by the final price, and you getting more tokens anyway I think the price we bought at - is close to 2x already? 110 $degen
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Kieran Daniels π©
@kdaniels.eth
I think I was able to get some of these
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Mikko
@mikkolagerstedt
Interesting - thanks for sharing this. Looks promising.
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FarcasterMarketing
@quillingqualia.eth
lol this is why the clearing price at end was something crazy like 700 $moxie/FT
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