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Content
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https://warpcast.com/~/channel/borodutch
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borodutch
@farcasteradmin.eth
people fundamentally misunderstand memecoins, and that's where the most sorrow comes from imo
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Nicholas <AESC>
@nintynick.eth
they misunderstand that you get the trading volume and the trading is PvP?
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borodutch
@farcasteradmin.eth
this. you're also misunderstanding the concept
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Nicholas <AESC>
@nintynick.eth
enlighten me
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borodutch
@farcasteradmin.eth
sure, what do you mean by "you get the trading volume" and how much "you get" do you think?
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Nicholas <AESC>
@nintynick.eth
You get .4% of total volume. 40% of clanker’s 1% fee
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borodutch
@farcasteradmin.eth
so how much of eth and the clanker do you get, say, if the clanker did $1m in volume?
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Nicholas <AESC>
@nintynick.eth
it says the exact number on clanker.world
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borodutch
@farcasteradmin.eth
i'll do the math for you: for $1m volume the creator would get only $2k in eth (the rest would be in the clanker coin, that, for obvious reasons, the creator wouldn't sell) meager $2k, and you're saying "you get the trading volume" like the creator earns generational wealth
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