@betashop.eth
the first "Buy & Burn" of Fan Tokens just happened!
what's that?
every day Farcaster Members earn Rewards for their engagement, and:
20% is shared with their Fans (by buying and burning Fan Tokens)
20% shared with channel Fans (by buying and burning FT)
10% shared with FC Network Fans (by buying and burning FT)
the buying and burning FT serves to reward current holders by raising the price for the next buyer without diluting the holders
Buy and Burns happen daily