Moxie Official

airstack

in a couple days we'll release the schedule for the initial 
Farcaster Fan Token Auctions using Ⓜ️oxie protocol! 

In this cast I explain some of the how, what and why on 
Moxie Fan Token Auctions👇 

Auctions will take place in frames on Warpcast
The entire schedule will be posted on airstack.xyz 

The number of Fan Tokens available at auction = 10% of the Member / Channel's followers

Any Farcaster Member with a Moxie Pass can bid

Bid using Ⓜ️oxiedrop tokens or any $MOXIE acquired from exchanges

Everyone whose bids clear get the Fan Tokens at the same price; the auctions enable fair & efficient price discovery

90% of proceeds go into a bonding curve to ensure continuous liquidity. The bonding curves are logarithmic favoring utility vs. pure speculation

5% goes the Member / Channel owner in the form of their own Fan Tokens

5% are protocol as fees, burned

We'll start w a curated schedule. 
Soon anyone can schedule their own auctions

The screenshot below is direction, not the actual schedule

Degen is gonna have to get it's shit together or there will be something else that will dominate market share

You mfer, are you trying to get us to stop tipping you?

Because if so, you've failed.

200 $degen

I'm gonna spend so much Fan tokens on you bro 😅

No one cares about your story until the Win ,
So Win !

Thanks bro. Practice makes perfect I guess. 😂

Moxie.xyz will do a better job explaining it than me.

Basically it’s a new protocol that lets you buy tokens for a caster, channel, or the entire network. Holding these “fan” tokens entitles you to a percentage of all rewards earned by that entity. 

All casts once moxie launches will generate moxie. So holding the fan tokens will allow you to earn a percentage of the moxie generated by a caster; a channel, or the entire protocol.

What's moxie, bro? 

I qualified for a small drop, but I'm not sure what it is still.

I am definitely bullish too! Let's go! 🚀