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Content
@
https://warpcast.com/~/channel/fan-token-tavern
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TaylorWebb.eth pfp
TaylorWebb.eth
@taylorwebb.eth
$moxie vibes rn https://open.spotify.com/track/7lrTieknx0Rp6xcUXVjRQE?si=7ef2b658296546e9
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KiddⓂ️etro 🎩 pfp
KiddⓂ️etro 🎩
@lorenzo-007
btw when buy/burn occurs on fan tokens it simply buys the token right?
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TaylorWebb.eth pfp
TaylorWebb.eth
@taylorwebb.eth
yeah but also burns it the point is to increase the price without diluting current holders
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KiddⓂ️etro 🎩 pfp
KiddⓂ️etro 🎩
@lorenzo-007
Okay it then burns the fan token to reduce the supply?
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TaylorWebb.eth pfp
TaylorWebb.eth
@taylorwebb.eth
well the supply ends up the same after the buy / burn
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KiddⓂ️etro 🎩 pfp
KiddⓂ️etro 🎩
@lorenzo-007
Okay I’m asking because base economy FT dumped and it burns about 500k moxies every day I was saying over the cause of 3 months it’s definitely going to rise regardless of buys
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TaylorWebb.eth pfp
TaylorWebb.eth
@taylorwebb.eth
yeah I'm still holding a bunch of Base economy token - I do think its undervalued
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