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Dan Romero

@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.
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