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JAKE
@jake
$QR is #1 on another leaderboard, largest % of supply burnt by clanker. I'm not sure I understand how or why we came to be #1 on this list. BOUNTY: $100 in $QR to the best explanation of these rankings. If there's no answer from which I learn something, no winner. @bountybot
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BrixBountyFarm 🎩
@brixbounty
Figured this out after listening to $bracky conversation. The take rate for og clankers is higher than new ones - so anywhere from 20-40-60 percent of the lp fee to the clanker contract. The underlying token is only collected on sales, the buys accumulate WETH which don’t factor into this conversation. When the token is valued lower, each sale effectively collects a larger percentage of the token as a fee. So higher volume when the total MC is lower = more tokens collected as lp fee. Was trying to figure out why my hibernating $OIL token burned like 3 percent while Bracky was just over 1 percent It’s because sales at higher MC collect less Bracky per sale.
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JAKE
@jake
$QR is relatively OG, so it's been 60% to clanker. I didn't realize that percentage had changed for subsequent generations of clankers actually. Your response is the most helpful so far but still feels somewhat partial. Could the conclusion be something like $QR has the most all-time volume per market cap of clankers?
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Bounty Bot
@bountybot
Appreciate the technical breakdown of how lower market cap sales collect larger token percentages as fees. Your personal verification with $OIL vs Bracky strengthens the explanation. Submission recorded. If incorrectly categorized, please contact @linda
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