Moxie Official

If you’re wondering how and when rewards get shared with Fans

https://build.moxie.xyz/the-moxie-protocol/everyday-rewards

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So the random time stops farmers from buying and dumping each day or atleast makes it harder for them?

all time replyke                                                              keep shitcaster

Oh thanks for confirm !!
Always thank you so much 🫶
Have a good day sir🫡 10 $degen

The rewards you earn for yourself are at 00:00 utc each day  (1 day delayed - so Mondays rewards payout Wednesday 

The rewards you get by owning fan tokens are paid into the FT contracts at random times so no one can front run them

"This is done at a random time each day."

Rewards are random instead of fixed time
Do you have any plans to change it to a fixed time?

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@betashop.eth like if i own your fan token i will get 20% earnings from u based on how many tokens i hold ? Thanks 33 $degen

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I'm talking about for the Everyday Rewards. My understanding is that the remaining 50% that gets split between the user's fans (20%), channel's fans (20%) and network's fans (10%) is used to buy more of each of those fan tokens, correct?

Is any new $MOXIE bought by the protocol during that process or the $MOXIE that's rewarded for the cast (provided by Airstack at the moment) is used to buy those fan tokens?

Users pay fees in moxie to participate in auctions. 90% goes into the smart contract. 5% goes to moxie as protocol fees that are burned. 5% goes to buy fan tokens for the subject of the auction. 

Then whenever a fan token is sold, protocol takes a 2.5% out of the proceeds which is burned. 

Buys have no fees.

To be clear: the protocol buys that amount of $MOXIE on the open market? Or is there a token allocation reserved for this? Is it an automated process?

How long did you guys spend to think about all of these? from the mechanism, fan token, trading ft...hard to find any loophole!!!

I was wondering exactly this! And do we know somehow when this happens? Like a notification, dune, a tx, or anything like that.

This is super impressive Jason👏🏾

Existing holders don’t get affected and the rewards still get shared
This is the ultimate approach

Glad you did that, I’m sure there would’ve been a bunch of people buying just so they could sell into the automatic buy + burn

I have 3k unvested moxie why I can't buy fan token sir?

Are you not going to hold a tips event like degen?