Moxie Official

airstack

here is significantly updated information about how Moxie Fan Token Auctions work according to the smart contract

Simple Guide to Fan Token Auctions

Read carefully and let us know if any questions!

Please 🔁 recast for visibility

https://build.moxie.xyz/the-moxie-protocol/simple-guide-to-fan-token-auctions

# Casts and links that answer common questions about Moxie

1. How do auctions work https://warpcast.com/betashop.eth/0x432af461 

2. What happens when auctions end https://warpcast.com/betashop.eth/0xbb618f66 

3. How to claim your vested Moxie or Rewards https://warpcast.com/betashop.eth/0xa7dd5b37 

4. Official Cast Action https://warpcast.com/betashop.eth/0x7364036a 

5. How Rewards are shared with Fan Token holders https://warpcast.com/betashop.eth/0x33beef38 

6. Who was eligible for Airdrops https://warpcast.com/betashop.eth/0xa8fb859d 

7. Where do I claim my Airdrop? https://warpcast.com/betashop.eth/0x97906c21 

8. Where can i get the Fan Token auction schedule? [airstack.xyz](http://airstack.xyz) 

9. Where can I track my bids? [airstack.xyz](http://airstack.xyz) 

10. How can I get all the Moxie data and APIs? [developer.moxie.xyz](http://developer.moxie.xyz)

🥷 at Senpi:  senpi.ai 
 | Your AI edge in the market — finding signal, auto-trading, mastering exits. Welcome to the onchain dojo.

On #3, this is all very transparent, so you can imagine that if someone is earning a lot of Rewards and they don't have Fans yet, they will very soon

Hi @maretus jumping in for Jason here/

1. No. Fan Tokens are only transferable back to the bonding curve. There is no secondary market for the Fan Tokens. They can only be used in the protocol.

2. No :) Liking, recasting, replying to your own cast does not earn you Moxie. 

3. For now - yes.

Hi @betashop.eth - a couple of questions I've had on my mind today: 

I have a couple of questions that aren't covered by this: 

1.) Are fan tokens transferrable? I assume so.

2.) Does liking our own casts boost our Moxie earned?

3.) Will casters who do not have an FT available keep the 20% moxie that would otherwise go to their FT?

If we've done the cast requesting to be added to the fan token list, is there a way to check status/schedule other than watching the Upcoming list? Thanks!

@betashop.eth why auction still ending sir? please check

Thank you, I'll look into it more closely.

What is “Contract doesn’t have the required….”

@betashop.eth could you please clarify how the distribution of the Farcaster Network's earned moxie works? Is it 20% like normal accounts or 100% like channels?

Jason, as a photographer, lecturer and lawyer from Turkey, I would like to mention one thought: Language is a big barrier for many of us but especially when it is so technical. I would like to ask you to explain them in a simpler way. even translation web pages are often not enough to understand them. what would you suggest us?

@betashop.eth thanks this is helpful! if I bid e.g. double the clearing price do I receive the fan tokens at the clearing price after the auction closes? or at that double price?

This is exactly what I needed so I don't bug folks via DC lol. Thanks!

If we missed the initial mint deadline when are we next eligible for a Moxie drop? 
1000 $Degen

design @splits | prev @event and @latenightcrew

We've had 5000+ requests from Members and Channels for Fan Tokens

of the roughly 400 we've curated and scheduled thus far, 90%+ are explicitly asked for by the subject

the other 10% are of popular/famous members and channels who have been very often requested by the community

reminder that:
1. Everyone earns rewards automatically with Moxie from casting. Holders of Fan Tokens participate in 20% of the rewards earned by the subject. So owning a Fan Token is a way to win win together and support the people you admire and engage with.

2. There are no secondary markets for Fan Tokens. Fan Tokens only exist on Farcaster and cannot be transferred person to person or on secondary markets. You can only sell Fan Tokens back to the contract. 

3. FT are not speculative. You cannot run up the prices of FT or short the market. 

4. Numerous apps are enabling special benefits to be offered to Fan Token Holders. Subjects of Fan Tokens are under no obligation to provide them, it's entirely up to them.

@betashop.eth are you creating fan tokens for users automatically by default or is there some kind of manual action by the creator to start one?

Do you enable spending it via the Contract button? It's not very clear what that button does

@betashop.eth

/ethereum foundation | opinions are my own but more than likely they come from Vitalik's blog paragraph.xyz/@chaskin

@zachlipp helped me, it is via the contract button

One piece of advice @betashop.eth @alexcomeau - it's not clear that the contract button spends from your unvested balance. The pop up is just signing a message and the number 1 rule in crypto is not to sign anything unless you're 100% sure what you're signing

Can you use your $MOXIE that's currently vesting (via the airdrop) to buy fan tokens? I thought I read somewhere that you can but I can't figure out how

This is great, especially for new users like myself the more clarity the easier and more effective our efforts can be