We’re excited to share that Clanker is joining Farcaster! 

Clanker is the leading launchpad on Base and home to projects like Bankr, Noice, Bracky and more. We’re thrilled to join forces to make it easier for everyone to create and participate in onchain communities. We plan to integrate Clanker more deeply into the app. More on this soon.

We have a few updates for the Clanker ecosystem:

1. Starting today, Clanker protocol fees will be used to buy and hold $CLANKER.

2. Clanker v0 through v3.1 collected a portion of protocol fees in ecosystem tokens into a fee vault. The Clanker team burned these tokens earlier today, reducing the circulating supply of each.

3. The Clanker team has also permanently locked roughly 7% of the $CLANKER supply into a one-sided LP to provide additional liquidity, further reducing circulating supply.

FAQ in the next cast.

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?


No.

> 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.

Phew 😮‍💨 still a chance for a farcaster airdrop

No.

> 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.

https://farcaster.xyz/dwr/0x6b47fc65