@b0rder1ess
CLANKER IS BACK ON ITS FEET
The day before yesterday, Farcaster (led by @dwr) officially announced that it had bought Clanker and made important updates — in particular, it burned all tokens from the treasury and announced buybacks from commissions: ⅔ of revenues now go to buying back $CLANKER
After the announcement, $CLANKER rose from $30 to $120 in two days — the growth was caused by the realization of the scale of future buybacks, which we will now discuss
Commissions, buybacks, growth, wealth
— With the growth of $CLANKER, the entire ecosystem came to life: on the first day, Clanker earned $100k (of which $66k went to buybacks), and then large volumes began, resulting in higher commissions — $700k yesterday and $535k today. In total, over two days, $1.2 million in revenue was generated, of which $800k will go towards buybacks, which will redeem 0.8% of the supply and cause a strong revaluation of the token.
— Obviously, such volumes will not always be available, so I will try to calculate how much will go to buybacks each week based on real numbers.
— Usually, Clanker earned $200k in commissions per day before the Farcaster buyback announcement, which means that in a week, the following will be received:
• 200k * 7 = $1.4 million → $933k for buybacks
— In a week, the team will buy back about 1% of the supply, and in a year — 55%, which is already impressive. But with the further growth of $CLANKER, these figures may be even higher due to the flywheel effect:
• The token grows on announcements of upcoming buybacks → The ecosystem also grows → Brings in more commissions on buybacks
- And this creates a flywheel effect
So $1 million per week is the minimum, and at this rate, $100 million in capitalization seems ridiculous
• DUNE with complete statistics - https://dune.com/mpoiutsfhh/clanker
Clanker ecosystem
— I have been writing posts about ecosystem projects such as $SKY (by @itsbasil, @garrett) $noice (by @div and others) and others for a long time. For example, I currently hold $SKY (as an incubator for the entire ecosystem), $FAIR (as the main AI agent of the ecosystem), and $WARP (as the Farcaster mascot). They are obviously overvalued along with Clanker
— I am also looking at purchasing the following tokens: $OPSYS, $BETR. They are an important part of the entire Farcaster ecosystem, OPSYS (by @fffflood) as the main “design enterprise” for the entire Farcaster, and BETR (by @toadyhawk.eth) as one of the main gaming projects of the ecosystem
I will be posting about them and explaining in detail why these projects are so cool and why they are worth your attention