@dwr
FAQ
> I have a Clanker ecosystem token—what's changing?
Existing Clanker ecosystem tokens will continue to work as normal, and you can still create new ones. The only change is a reduced circulating supply for existing Clanker ecosystem tokens due to the treasury burn.
> Why were the Clanker ecosystem tokens burned?
Selling tokens would likely have impacted their price. Burning the ecosystem tokens made the most sense from both a legal and tax perspective.
> What protocol fees will be used to buy and hold $CLANKER?
Two-thirds of all protocol fees from existing and future Clankers will be used to buy and hold $CLANKER. The remaining one-third will be reserved for taxes.
> Is $CLANKER now the Farcaster token?
No. $CLANKER is independent of the Farcaster protocol. Farcaster does not have a token. Clanker protocol fees will be used to buy and hold $CLANKER. Farcaster protocol fees—from subscriptions, storage, and collectibles—will continue funding cast, developer, and referral rewards.
> What will you do with the $CLANKER tokens you accumulate?
We plan to hold them.
> Do you have any future plans for the $CLANKER token?
Not at this time.
> Is this investment advice?
No. Nothing here is financial, legal, tax, or investment advice.