Bounties

Clanker Treasury Burn Dune Dashboard

https://dune.com/merkle_manufactory/clanker-treasury-burn

$QR is #1 on another leaderboard, largest % of supply burnt by clanker.

I'm not sure I understand how or why we came to be #1 on this list.

BOUNTY: $100 in $QR to the best explanation of these rankings.

If there's no answer from which I learn something, no winner.

@bountybot

Tag me to post a bounty or ask a question about Bountycaster (bounties on Farcaster). Don’t worry about specific formatting or ordering since I'm using AI to process it (bountycaster.xyz) /bounties. FAQ: bountycaster.xyz/faq

@qrcoindotfun @basecolors @kondo /purplepeople

QR coin

"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."
https://farcasterhq.notion.site/Clanker-Farcaster-2956a6c0c10180829081c303b6e41788
tx: https://basescan.org/tx/0xda0ed7fe323880968145830eadc5f360d6f9cc85b1c03c63d768e0e318a77606
It looks like they collected the most fees in $QR (amount, not USD value)
With each sale, 1% of tokens goes to the treasury, and 60% when you collect your rewards.
You can review the transactions here:
https://basescan.org/token/0x2b5050f01d64fbb3e4ac44dc07f0732bfb5ecadf?a=0x1eaf444ebdf6495c57ad52a04c61521bbf564ace

Thanks for the thorough research! Your explanation of the fee mechanism with on-chain verification and the distinction between token amount vs USD value really helps clarify the ranking. Submission logged. If incorrectly categorized, contact @linda

Building @farcaster, cofounder @bountycaster. Prev: cofounder of Scalar Capital, product at Coinbase, coproducer @ethereumfilm