@freecode
Recast from @nodes
Wanted to share more details around $FANS token utilities:
🔑 Access to pool creations (live now)
• Creators need to hold 1,000,000 $FANS to launch pools.
• This threshold is modifiable through governance.
🤝 Clanker partnership (coming soon)
We’re working on a new distribution primitive aka “Pre-Clank Pools” with Clanker. How it will work:
• Creator configures a Pre-Clank Pool (token name, symbol, pool duration, winner allocations, etc).
• Participants join pool by opening and trading positions using ETH.
• On pool completion, all positions are converted to ETH and used as initial liquidity on Clanker.
• Participants: get vested token airdrop and ability to claim pro-rata trading fees generated by that token.
• Protocol: receives a share of Clanker fees from that token’s trading.
• $FANS Stakers: claim the protocol’s share in-kind (WETH + the launched tokens) alongside regular platform revenue.