Last Update: Oct 31, 2024
This article reflects my personal strategies and opinions, which may not suit everyone. Always DYOR. NFA.
For more detailed explanations of terms and mechanics, check out the Ultimate Moxie Q&A.
Fan Tokens in the Moxie ecosystem are gaining traction, offering both financial returns and non-monetary benefits like exclusive content and deeper engagement. With over 100% growth in TVL in September 2024, the protocol is growing fast.
Yet, with only 5.2K Fan Token holders compared to 90K MOXIE holders, there’s significant upside potential. Additionally, 53K wallets received a MOXIE airdrop with vesting over 180 days, meaning many users are currently letting their tokens sit idle in vesting contracts. This could be a financially inefficient approach, as those tokens could be invested in Fan Tokens to generate surplus profit. As more users realize this, participation in the Fan Token economy is expected to rise.
At the heart of this economy is the buy & burn mechanism, which drives price appreciation by pushing token prices higher during buy events, while keeping supply stable after burn events. But price alone isn’t everything. Fan Token valuation is also influenced by community engagement and overall market trends. Whether Fan Tokens are a smart investment for you will come down to how well you balance financial returns with the unique, non-monetary benefits they offer.
By the end of this article, you’ll have a deeper understanding of some of the critical variables that drive Fan Token value, including buy & burn cycles and Total Value Locked (TVL)—both of which contribute to a token’s financial performance and broader influence.
And here’s the key takeaway: whether the price of the Fan Tokens has gone up or down recently doesn’t matter. There’s something far more important to focus on—the fundamentals.
Why Should This Matter to You?
Take my own experience, for example. I didn’t have the best start—airdrop rank 1,286 and a FarScore of 0.18, I missed out on the early profitable auctions and even had to cut my losses in the next rounds. But once I focused on evaluating tokens with the P/E Ratio and ignoring short-term price movements, things turned around.
I’m now ranked 30th in realized + unrealized profit, not because I chased price trends, but because I stuck to fundamentals. And that’s what I want to emphasize: when it comes to Fan Tokens, long-term value often wins over short-term price shifts.
By paying attention to the P/E Ratio, you may be able to identify the hidden gems.
As Fan Tokens grow within the Moxie ecosystem, the question arises: Should you invest in Fan Tokens? The answer depends on how you balance financial returns and non-monetary benefits. Fan Tokens not only provide the potential for price appreciation, but they also give access to unique features, allow for deeper community engagement, and improve your standing within the Moxie ecosystem through metrics like FarBoost and MoxiePower.
One important principle: If the financial and non-financial benefits you receive outweigh the risk of MOXIE’s price fluctuations, then participating in the Fan Token market can be a smart strategy. This article aims to show you how to assess that balance.
Fan Tokens are influenced by a mix of financial metrics and community-driven factors. It’s important to understand the different elements that contribute to a token's overall value:
1. Non-Monetary Benefits
Fan Tokens aren’t just about making money. They offer holders access to exclusive content, features, and events.
2. TVL (Total Value Locked)
The Total Value Locked (TVL) reflects the amount of MOXIE locked in a Fan Token. A higher TVL indicates more capital is committed to the token, which can signal financial confidence and stability. However, a lower TVL may suggest greater growth potential, as there’s more room for price appreciation when buy & burn cycles occur.
As of now, 564 million MOXIE($1.32M) has been locked into Fan Tokens—a clear indication of strong participation in the ecosystem.
3. Expected Buy & Burn Activity
Fan Tokens go through buy & burn cycles, where MOXIE earned from engagements is used to buy tokens, driving the price up. Afterward, the burn event reduces the token supply to its pre-buy level, keeping the price stable while lowering the supply. This mechanism steadily increases token prices without diluting the holders' shares.
These buy & burn cycles play a major role in driving price appreciation, especially for tokens with strong daily earnings.
4. Community and Trust
A token’s value is largely influenced by the strength of its community. Tokens with active and engaged communities tend to retain their value and see steady growth over time.
5. Boosted FarScore
Holding and locking Fan Tokens can boost your FarBoost and MoxiePower, increasing your ability to reward others and potentially influencing your earnings indirectly. This added utility makes Fan Tokens attractive beyond simple price speculation.
6. MoxiePower and Locked Tokens
MoxiePower allows users to lock their Fan Tokens with a lock period of 3 months (or more). This has become an important factor in price stability, as the higher the percentage of locked tokens, the less likely it is for a token’s price to fall drastically.
A key to successful Fan Token trading is understanding and applying the Price-to-Earnings (P/E) ratio. This simple but powerful metric helps determine whether a token is undervalued or overvalued by comparing its Total Value Locked (TVL) to its earnings shared with fans (post-split earnings).
While this article focuses on the P/E Ratio as a key metric, remember that Fan Tokens are about more than financials. They're meant for fun, engagement, and building community.
The P/E ratio is one of the most trusted metrics in financial markets, heavily relied upon by institutional investors and traders for asset valuation.
The P/E ratio is calculated as:
P/E Ratio = TVL ÷ Earnings Shared with Fans (Post-split Earnings)
The TVL represents the amount of MOXIE locked in a specific Fan Token, while post-split earnings reflect the portion of total earnings shared with token holders.
Technically, the market cap is usually used for calculating the P/E ratio. However, since TVL data is more readily available and provides a comparable measure for relative analysis, we’ll be using TVL in this case.
Pre-Split vs. Post-Split Earnings: A Key Difference
Pre-split earnings represent the total revenue generated from engagements (casts, frames, etc.).
Post-split earnings are what is shared with Fan Token holders, after the creator, network, or channel takes their cut. For example, if a creator has earned 1,000 MOXIE, and 20% is allocated to Fan Token holders, the post-split earnings for token holders would be 200 MOXIE.
These post-split earnings are critical because they reflect the actual earnings distributed to token holders and are key for calculating the P/E ratio. Read more about reward splits here.
To calculate the P/E ratio, follow these steps:
Access Airstack.xyz
Collect the Data
TVL: The total value of MOXIE locked in the Fan Token.
Rewards Shared with Fans (Post-split earnings): This includes today’s, 7-day, and all-time earnings shared with token holders.
Do NOT use the TVL on the right sidebar. That value is pre-split ie. including earnings for creator, channel, and network.
Apply the P/E Ratio Formula:
P/E Ratio = TVL ÷ (Post-split earnings per 365 days)
Example calculation using the data in the screenshot above based on 7-day data:
TVL = 5,816,604
7D Reward for Fans = 175,212
Formula:
P/E = TVL ÷ (7D Reward for Fans ÷ 7 x 365)
Substitute the values:
P/E = 5,816,604 ÷ (175,212 ÷ 7 x 365) ≈ 0.64
This calculation shows you how much you’re paying for each unit of earnings. A lower P/E ratio indicates that the token may be undervalued relative to its earnings, offering room for price growth.
"Today" refers to real-time earnings and does not fully reflect the 24-hour earnings cycle.
The P/E ratio gives you a clear picture of whether a token is undervalued or overvalued. Here’s how to interpret and apply it to your trading decisions:
Low P/E Ratio (Undervalued Tokens)
Interpretation: A low P/E ratio indicates strong earnings relative to price, suggesting the token is undervalued and has growth potential.
Application: Prioritize tokens with low P/E ratios for potential price appreciation through future buy & burn events, leading to higher long-term profits.
High P/E Ratio (Overvalued Tokens)
Interpretation: A high P/E ratio signals that the token's price is inflated compared to its earnings, indicating overvaluation.
Application: Consider reallocating funds from high P/E tokens, as they may not offer as much return unless earnings catch up.
Check out this frame for the top P/E Ratio performers.
Let’s walk through an example using channel tokens. Channel tokens are unique in that they share 100% of their pre-split earnings with fans through the buy & burn mechanism.
Here’s a comparison of five channel tokens, with their respective TVL, 7-day reward shared with fans, and P/E ratio:
Fan Token | TVL | 7D Reward for Fans | P/E Ratio |
|---|---|---|---|
/airstack | 19,864,215 | 723,832 | 0.52 |
/success | 12,623,349 | 355,378 | 0.70 |
/superrare | 10,659,976 | 779,003 | 0.26 |
/lp | 8,212,436 | 515,653 | 0.31 |
/memes | 5,434,701 | 299,891 | 0.35 |
As of Sep 17, 2024. Make sure to check the latest data.
From the data, /superrare has the lowest P/E ratio at 0.26, which suggests it is the most undervalued channel token among the five, from a P/E ratio perspective. This indicates a higher potential for price appreciation based on its current earnings.
On the other hand, /success and /airstack have the highest P/E ratios, at 0.70 and 0.52 respectively. While this could hint at overvaluation, both channels offer unique non-monetary benefits—such as exclusive content and strong community engagement—which means that despite a higher P/E ratio, they could still offer significant value beyond the financial metrics alone.
In addition to comparing individual channel token P/E Ratios, I tracked the relationship between P/E Ratios and price growth across a broader set of tokens. Using data from October 3, I analyzed P/E Ratios and corresponding price changes over the following 25 days.
Here’s what stood out:
Tokens with lower P/E Ratios generally showed more significant price growth, following a clear downward trend in returns for tokens with higher P/E Ratios.
This trendline reflects a strong positive correlation between low P/E Ratios and potential price appreciation.
While no single metric can guarantee price predictions, the data supports the case for focusing on low P/E Fan Tokens as a promising starting point. This reinforces the idea that tokens with lower P/E Ratios could offer stronger potential returns, aligning with the insights from Case Study 1.
Since the launch of Moxie Heroes, I've noticed a strong performance shift in low-cap Fan Tokens. To confirm this, I analyzed recent data, and the results back up my impression.
One likely reason for this surge is that low-cap tokens have significantly improved P/E Ratios—meaning they’re earning more than before relative to their market value. This enhanced earning potential has made them particularly attractive, especially for investors on a tighter budget or those willing to dive deeper to find hidden value. While the bonding curve makes large investments in low-caps challenging, the growth potential here shouldn't be overlooked.
This case study shows that with the right approach, low-cap Fan Tokens might offer a rewarding path, particularly now that they’re achieving stronger returns.
Building a balanced portfolio of Fan Tokens is essential to managing risk. By spreading your investments across high-risk, high-reward tokens and more stable options, you can maximize growth potential while mitigating downside risks.
How to Balance Your Portfolio
Stable Tokens: Invest in network tokens or well-established channels that have higher TVL and consistent earnings. These are less volatile but provide slower, steady returns.
High-Growth Tokens: Allocate a portion of your portfolio to user tokens or smaller channels that might be more volatile but offer higher upside if they gain traction.
The 10 most profitable users either make most of their profit from the Farcaster Network (or /airstack) token, or have invested in 100+ tokens. (Sep 17, 2024)
Should you hold Fan Tokens for the long term or flip them for short-term gains? It all depends on how well you execute your strategy and what your goals are.
Long-Term Holding
Tokens with steady buy & burn activity and strong earnings can be great for long-term holding. Over time, buy & burn cycles increase the token price. This makes long-term holding a solid strategy for capturing price appreciation, especially when you pick the right tokens with strong fundamentals.
Short-Term Flipping
Short-term flipping can also be highly rewarding if you time it right. When a token’s P/E ratio spikes and the price outpaces its earnings, it could be an ideal opportunity to sell for a quick profit. However, frequent flipping carries more risk due to market volatility and the 5% sell tax, making it a high-risk, high-reward play. Flipping requires careful timing and a solid understanding of the market to make it work.
Key takeaway:
Both strategies have their place. Short-term flipping offers higher potential returns but comes with increased risk, while long-term holding can be equally profitable if you focus on the right tokens. It's all about finding the strategy that suits your style and level of risk tolerance.
Case 1: Undervalued Tokens Skyrocket
Some channel tokens skyrocketed in the past week. Was that predictable? Surprisingly, to some extent, yes.
In a recent analysis of 9 high-TVL channels, there was a clear correlation between the P/E Ratio on September 10 and price growth over the following 7 days. The channel token with the lowest P/E Ratio experienced a 73% price jump, while the token with the highest P/E Ratio barely moved, growing only 6%.
Key takeaway: Forget the short-term price action; what really matters is whether a token looks undervalued based on its fundamentals.
Case 2: The Reward Split Boost
On September 3, 2024, @investanything increased his reward split from the default 20% to 90%. The results were staggering—a 192% price surge over 14 days. TVL jumped from 43K to 1.28M, and the price rocketed from 59 to 172, with a daily compounding increase of 8%.
Key takeaway: A reward split increase doesn’t guarantee success, but it can significantly improve the P/E Ratio, creating an opportunity for tokens to become undervalued. Keep an eye out.
Overpriced Auctions—The Big Sell-Off
Ever see an auction go sky-high, only to watch the price plummet right after? That’s what happens when the auction clears with an overvalued price. After the bidding war cools, a mass sell-off often follows.
Key lesson: Don’t get swept up in the auction fever. Stick to your budget, conduct P/E analysis, and pay close attention to how others are bidding.
Concentrated Holders—A Recipe for Disaster
Example: Two users held 90% of the token above. One sold, then the other followed. The result? A 50% price drop in no time.
Key lesson: Beware of tokens dominated by a small number of holders. When they sell, the token’s value can take a nosedive—and fast.
Inactive Users and Channels
Buying a token based on long-period earnings data? You might miss that the user or channel has gone inactive. If you invest without checking recent activity, you could find yourself stuck.
Key lesson: Always check both recent and long-term activity. That way, you’ll know if the token still has the potential for steady earnings.
Low TVL—Big Price Impact
Own a significant chunk of a low-TVL token? Selling it could cause your selling price to drop way lower than you expect, hurting your realized profit.
Example:
[Before] TVL = 7,317, holdings % = 99.1%, holdings value = 9,272
[After] TVL = 20, avg. sell value = 7,462, received value = 7,089
Key lesson: Make sure the TVL and your holdings % are balanced so you can take profits without being hurt by price impact.
Sudden Reward Split Changes
Reward splits can change at any time, and it’s the token creator’s full right to adjust them as they see fit. However, these changes can impact the token’s value, and a lower split might leave those who bought at a higher percentage holding an overvalued token.
Key lesson: Be cautious when investing based on a reward split increase. Study the token creator’s behavior, as higher splits may signal undervaluation, but timing is crucial—by the time you buy, the price could already reflect the change.
As long as your TVL is growing faster than any potential drop in the $MOXIE price, you’re likely seeing a profit. A useful way to measure this is by looking at the Compound Daily Growth Rate (CDGR)—which shows the daily rate at which your investment grows, compounded over time. One way to check your porfolio growth is using @degenfans's frame.
Let’s do some quick ROI(Return-on-Investment) calculations, one bullish and one bearish. Here are two scenarios:
Bullish Scenario: Fan Token TVL rises 1.5% each day, and MOXIE price increases by 1%. This gives a combined CDGR of =~2.5%, which results in:
30 days: +110%
90 days: +823%
365 days: +820,650% (APY)
Bearish Scenario: Fan Token TVL rises 1% daily, but MOXIE price drops by 0.5%, giving a CDGR of =~0.5%, resulting in:
30 days: +16%
90 days: +53%
365 days: +517% (APY)
Sep 19, 2024: MOXIE’s price has risen by 13.7% over the past 7 days, translating to a CDGR of 1.9%. If your TVL were to grow by 1% daily, that would give a combined CDGR of 2.9%, which is actually higher than the bullish scenario above.
These figures don’t account for additional rewards or non-monetary benefits, such as engagement mining boosts and the fun factor of participating in the ecosystem. Keep in mind that the rate of return can fluctuate significantly based on the development of the ecosystem and market conditions. The price action of MOXIE is unpredictable and can experience extreme volatility, both up and down.
In the past 23 days, my portfolio has grown at a combined CDGR of over 5%. For me, investing in Fan Tokens makes perfect sense, especially with the added fun and daily rewards. However, this is my personal experience, and your results may vary. Ultimately, it’s up to you to weigh the risks and rewards based on your circumstances—and remember, never invest more than you’re comfortable losing.
The Fan Token market is evolving fast (still only 50 days since launch!), and we’re about to see some major developments that could push things even further. Features like LP Boost, long-term staking (MoxiePower), and new partnerships are on the horizon, and they’re expected to drive future growth in big ways.
What to Watch For:
Long-Term Staking(MoxiePower): Staking is getting serious. With a multiplier and no cap, holding tokens for the long haul is going to get even more rewarding. That’s bound to increase demand for Fan Tokens.
Partner Integrations: Big names starting with Matcha, Rainbow, and Wildcard are jumping in, buying up MOXIE for marketing and user acquisition. That’s going to put even more pressure on demand and prices.
Purchase Demands: As more people buy MOXIE to unlock exclusive features and perks, Fan Token demand will keep climbing, which should push prices higher too.
Success in the Fan Token market isn’t about following just one approach. It’s about understanding key metrics like the P/E ratio, TVL, and buy & burn cycles, and then using them to make informed decisions. Whether you choose to flip for short-term gains or hold for long-term growth depends on your style, goals, and risk tolerance.
Key Takeaways:
P/E Ratio and TVL: Use these metrics to spot tokens with strong growth potential and undervalued opportunities.
Short-Term Flipping vs. Long-Term Holding: Both strategies can be profitable if executed properly. Flipping offers higher potential returns but with greater risk, while long-term holding can generate steady returns through buy & burn cycles.
Diversification: A balanced portfolio that includes speculative and stable tokens can help reduce risk while capturing upside potential.
For a deeper dive into the Moxie ecosystem’s core mechanics and opportunities, don’t forget to check out my Ultimate Moxie Q&A.
Ultimately, there’s no one-size-fits-all strategy. The best approach is the one that fits your goals and your tolerance for risk. Evaluate both financial and non-financial benefits, and as always, don’t invest more than you can afford to lose.
Happy Moxie! 😄
Made with love by @Fibo112358.eth (scryptoguy)
Comment from Author:
After spending 100+ hours, investigating and experiencing fan token trading, I’ve published my second article, following the Ultimate Q&A. This time, I’m sharing a strategy centered around the "P/E Ratio" that might just be the key to unlocking a more effective approach to fan token investments.
I’m really passionate about Moxie, but I know there are challenges ahead to get more people enjoying it like I do. With this article, I hope to strengthen your confidence in fan token investments, which offer both financial and non-financial rewards. The strategy is something I’ve used myself, and I believe in the long-term potential we all can achieve together.
Disclaimer:
While this article focuses on the importance of buy & burn mechanics and market cap (TVL), it acknowledges that Fan Token value is not solely driven by these factors. Community engagement, non-monetary benefits, and long-term potential play critical roles in determining the true value of Fan Tokens. This article aims to provide strategies for financial evaluation but does not suggest that Fan Tokens should be traded purely for speculative gains. Traders should consider the holistic value of the token, especially in small communities like Moxie, where speculation is not encouraged.
Fibo
Thanks for showing interest @deriniti , and I appreciate the tl;dr @drmat 👍️ When you have time, you could skim through this article to deepen the understanding of what P/E Ratio is. In short, like drmat explained, your token is earning a lot compared to your token's value (TVL). https://paragraph.xyz/@fibo/moxie-ultimate-fan-token-trading
Ⓜ️oxie AtoZ: Top P/E Ratio Tokens – Nov 4, 2024 Updated. Check out the hidden gems—generally, the lower the P/E ratio, the better. If you haven't checked the new case study I published about low-cap tokens, check out the Fan Token trading guide. ❣️ I’d be truly grateful if you could vote for my project, 'Moxie AtoZ,' in the Moxie Retro1 Grant finals. Thank you for your support! 📖 Pages 3-5: TVL above 500K 📖 Pages 6-7: TVL above 100K https://2qvn3qr.warpcast.tools/api/frames/quiet-dolphin-60 For more details, read the Ultimate Fan Token Trading Guide. Note: - Be sure to consider other factors before making any buying decisions. - For simplicity, fan earnings are calculated based on the current reward split % and assume all casts are made within channels. - Rankings are based on the past 7 days of earnings, including today.
The case study https://paragraph.xyz/@fibo/moxie-ultimate-fan-token-trading#h-case-study-3-the-rise-of-low-cap-fan-tokens-with-moxie-heroes-nov-3-2024
🎦 Moxie AtoZ project teaser video https://warpcast.com/fibo112358.eth/0xb5baa4fb
Wow! I'm ranking #17 in this list ✨
Nice, it means you have a good chance of rewarding the holders well 👍
Amazing! Thank you for your explanation ✨
Thank you for the update fibo!
🙌
Tks for sharing 🥰🥰
👍
최근 추가한 팬토큰 /nature /replyors /itookaphoto Discover hidden gems using P/E Ratio. Made by @fibo112358.eth
Hi hellena, I just published this case study. I thought you might find it interesting 👍️ https://warpcast.com/fibo112358.eth/0x2c91fc98
Oh, understanding the hidden meaning could really help with fan token trading! 😮💡
Yup. Smaller caps do have risks and we can't invest a lot at once, but they have got some potentials 👍️
Korean version updated too jfyi https://paragraph.xyz/@fibo/moxie-ultimate-fan-token-trading-korean#h-3-2024-11-3
Haha, saw the update news and shared it right away~ 😆🚀
nature 체크 ㅎ
콘테스트 같은거도 하고 운영은 잘하시는거 같은데 어닝이 유지만 되면 ㄱㄱ
🫡
Ⓜ️oxie AtoZ: Fan Token Trading Guide I just added a new case study to the Fan Token trading guide. It dives into how low-cap Fan Tokens have been showing big potential since Moxie Heroes launched two weeks ago. Check it out if you are interested in higher returns. https://paragraph.xyz/@fibo/moxie-ultimate-fan-token-trading#h-case-study-3-the-rise-of-low-cap-fan-tokens-with-moxie-power-nov-3-2024 ❣️ I’d be truly grateful if you could vote for my project, 'Moxie AtoZ,' in the Moxie Retro1 Grant finals. Thank you for your support! (teaser video in the reply) Note: This focuses solely on the buy and burn mechanism and doesn’t factor in other influences, like the significant budget boost Fan Tokens may get soon from the Retro1 Grant prize.
Thank you for your vote! It really motivates me to keep sharing tips on Fan Token investment strategies! Teaser video here 👇️ https://warpcast.com/fibo112358.eth/0xb5baa4fb
Updated the Korean version too https://paragraph.xyz/@fibo/moxie-ultimate-fan-token-trading-korean#h-3-2024-11-3
In the image/article said "Moxie Power" but it's supposed to be "Moxie Heroes". Fixed. Thanks for pointing out @yjx278.eth !
fibo, did it coincide with moxie power or moxie heroes? because on the cast you mentioned moxie heroes but the screenshot said moxie power (nov 3)
Oops. Moxie heroes, not moxie power. Will fix, thanks!
dead token, low liquid shit @betashop.eth
Moxie AtoZ: Ultimate Fan Token Trading Guide - Korean Ver. 안녕하세요! 팬 토큰 거래와 P/E 비율에 관심이 많은 한국 친구들을 위해 팬 토큰 거래 가이드의 한국어 버전을 준비했어요! 영어보다 한국어가 편하신 분들은 꼭 확인해 보세요 🔎 https://paragraph.xyz/@fibo/moxie-ultimate-fan-token-trading-korean
여기 낮은 P/E 비율 팬 토큰을 모아둔 프레임이 있어요. 매일 업데이트되니까, 팬 토큰 구매 시작점으로 참고해 보세요! https://warpcast.com/fibo112358.eth/0xecf7c0a2
멋져요!!
감사합니다!
P/E 비율에 대해 조금은 이해가 되었습니다. 도움주셔서 감사합니다.
그 소식을 듣게 되어 기쁘네요!
+100 🔥 FIRE just added to your account. Balance updated.
Wow, your Korean skills are impressive! 👏
I wish! 😅 It's all thanks to AI, but thank you!
Thank you as well! I can clearly see things I hadn’t noticed before. 😊
😍😍😍
I hope it's understandable and helpful!
great 💙💙💙
최고~! 👍👍 69 $degen
감사합니다!
Wow, a frame for Koreans! I'm touched! Thank you for making more frames!
Yeah, I translated the article. Enjoy! 😉
Yes haha I think it would be great if you translate it in Korean sometimes!
고마워 fibo
즐기면서 collie!
Thank you so much for casting this amazing info
My pleasure! I want many people to confidently invest in fan tokens and have good experience 💪
감동입니다😍
고맙습니다! 🫂
끝까지 다 읽어 보았습니다. 정말 감사드립니다.
즐기셨으면 좋겠네요!
Have a nice day
Ⓜ️oxie AtoZ: Teaser Video for Retro1 Grant Over the past three months, I’ve poured countless hours into "Moxie AtoZ," building guides, daily insights, and practical tools to help everyone make the most of the Moxie ecosystem. This short teaser video captures the project in action. If Moxie AtoZ has added value to your experience, your support in the upcoming Retro Grant vote would mean a lot! Please share to help reach others who may have found value in the content along the way 🙏
https://paragraph.xyz/@fibo/moxie-qa
https://paragraph.xyz/@fibo/moxie-ultimate-fan-token-trading
Hidden Fan Token gem discovery frame https://2qvn3qr.warpcast.tools/api/frames/quiet-dolphin-60
Thank you so much, it's great :)
Ur welcome!
Been seeing the hard work you put into moxie these past few months
Glad to have witnesses 😊
very very cool! so much great detail here!
Thanks Fred! I figured a video is better than lots of text 😆 Hopefully, I can use this opportunity to have more people learn about those contents and enjoy Moxie more together 🙌
it's always good to have different mediums as everyone learns differently...
Your efforts have helped many people
Thanks Kevin! 🫂 I hope more people would know about it
Great job,broo🤩👍 It's easy to understand for me😉
Glad to hear that 😊
Somehow missed this, but big fan of what you're doing. Just updated my retro1 vote to add you! 🤘
Thank you Taylor! This means A LOT to me because I am your fan too. I appreciate it!
This is very sweet of you. Well done. You deserve to be a Moxie hero. Don't worry, your own time is coming.
Thank you 🙌
You're welcome.
one of usefull project for moxie ecosystem.. u did well sir... good luck with DAO voting... :)
Thank you Madeline!!! Wish me luck! 🙏
Already voted dude. How can I not
Thank you so much! 🥰 I really appreciate it
毎度分かりやすいまとめありがとうございます!
ありがとうございます🙌
📣 Attention Moxie DAO! that’s you 👉, and you 👇, and you👆 and you 👈 Moxie Retro1 voting process is now underway! Every Moxie holder, every Fan Token holder, every Moxie LP is in Moxie DAO & eligible to participate in the process to vote how 172,187,500 MOXIE will be allocated amongst 29 grant finalists There are 2 steps to the process: Step 1: Delegation (optional). If you do not want to vote, you can delegate your voting power to someone else! You must delegate before voting starts on 31 Oct at 12pm ET. The attached video shows how to easily delegate to anyone else Step 2: Vote! Voting for the finalists will begin on 31 Oct at 12 pm US Eastern Time. Voting will last for 5 days and will end on 5 Nov at 12 pm US Eastern Time https://snapshot.org/#/delegate/moxie.eth Voting power: $Moxie holders = 1 vote per $moxie Moxie Fan Token holders = 2 votes per $moxie TVL Moxie Fan Token holders locked = 3 votes per $moxie TVL Moxie PS = 2 votes for total $moxie TVL on both sides of pool
cc @ro
love the community building going on here!
Can anyone be a delegate or is it only the ones that are still on this mysterious council?
You can delegate your voting power to anyone
If I delegate to someone who also delegates to someone else, are both votes counted by the final person delegated?
anyone can vote?
Yes
yes
thanks
Wish me luck to my Moxie AtoZ! https://paragraph.xyz/@fibo/moxie-qa https://paragraph.xyz/@fibo/moxie-ultimate-fan-token-trading
just delegated to @maretus
Thanks a bunch dude. I appreciate the vote of confidence! 🍖x420
just had to pick you, no alternative
Why can't I vote for delegates bruh?
you have to delegate, can also take yourself
This has been such a great opportunity before Ⓜ️ came out Farcaster was starting to feel desolate. Now communities are popping up and collaborating together for a brighter future for us all. $moxie has been a breath of fresh air 🙏 Thank you Jason and the team at moxie for cookin up something special
Thanks! It’s an honor for us to build with the community
I believe we have more cards up our sleeves and this is far from over I will continue building and making connections here and collaborate with those connections on ways to foster a space for the future Web3 entrepreneurs. We are paving the road together and it’s beautiful 🤝
I feel the same and tbh degen tipping was never my thing. prefer the automatic x retro-tipping approach moxie takes
replyke is a higher way of life 💚 I completely agree and tipping degen with it is like the cherry on top of the sundae 🍖x 100 $degen ⬆️x 11
I apologize for the bad tip the degen allowance lied to me 😭
Will there be an option to lower reward pools or reallocate for later rounds?
This mechanism is interesting!
I can vote for anyone Jason?
New document from @fibo112358.eth where he explained the P/E ratio of a token and how to calculate it https://paragraph.xyz/@fibo/moxie-ultimate-fan-token-trading
👍
TYSM 😎🎩
Very interesting, I will read it, there I had left you my doubts where you told me about the Fans tokens of the users as such and how their rewards were divided.
Good Morning my /sense's 🫶 I would like to wish everyone a great start to the new week, green portfolios and good health! No trends today, I just want to share a very useful article from @fibo112358.eth If you want to understand Fan Token's in more detail and start earning - read it from beginning to end Also thanks to @abeg007.eth for the tag Good luck, everybody🍀 🍀 https://paragraph.xyz/@fibo/moxie-ultimate-fan-token-trading
Thank you for this tutorial information.
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good morning 😃
good mo buddy 🔥
Gm
👋
Fibo is a legend
yep
Gmgm
Thank you for sharing good information. I'll read it slowly 🙏
or better yet, several times
Gm Tyler Thank you ,Wishing you thesame as well🌹
I'd study , of course I have studied previous ones . GM Tyler
Why I'm not member ?:/
Ok banger :)
great read👍 @fibo112358.eth is the man😎
Thanks hawaii 😎
Ⓜ️oxie Quiz #1: Would a Fan Token's price go to zero if every holder sold? A: No. This is because of the buy and burn mechanism. When you check the holdings percentage on the Airstack website or MoxieScout, it only shows active wallets. However, Fan Tokens are also sent to a burn address (0x000...) after auctions and buy and burn events. Once tokens are sent to this address, they’re permanently removed from circulation. Here’s an actual example: I once held 99% of a Fan Token where the creator became inactive, and all other holders sold their tokens. After I sold my stake, here’s how the price changed: (1/2) 👇️
Before sell order: TVL = 7,317, Price = 81 After sell order: TVL = 20, Price = 25 Avg. price of my sell order = 65 Even though the TVL dropped to nearly zero, the price didn’t. I was still able to exit at a price higher than my entry price. This is because over 9,000 MOXIE had been used for buy and burn, permanently locking those tokens. The auction clearing price was 1, so even after the sell-off, the price stayed 25x higher than where it started. As more buy and burn events occur, the price floor continues to rise. This makes Fan Tokens unique compared to regular tokens, offering long-term stability. Happy Moxie!
I will add this to the Ultimate Fan Token Trading Guide later https://paragraph.xyz/@fibo/moxie-ultimate-fan-token-trading
For the record Yes: 31% No: 69% (correct answer)
that's the kind of knowledge i'm looking for...thanks a lot for sharing mate!!!👍💯💪♥️
I've never actually encountered a case like this, so this was helpful. It is indeed easy to trade as it is hard to crash and the price goes up every day depending on the token burn! And Thanks for buying my fantoken! 50 $degen
Thans Chie!
Because of this, I dared to lock the fan token. Thank you for the knowledge.💜💜💜
Its also do to every buy order and the auction. When the auction closes....almost all the money from auction goes into the bonding contract for reserves. So even right after the auction you wont lose everything if everyone sold. Every purchase does the same thing. When you buy a fan token - moxie is put into the bonding curve for reserves. So all the fan tokens are covered at purchase by a reserve value that covers at least a portion of the cost. Buy and burns do the same thing except the actual fan token is burned so it doesnt exist to be sold later. So all the reserve added from this purchase just increase the reserve value for all the other tokens. Eventually the last man out can even have a huge gain over auction value....because so much buy and burn has taken place.
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The answer is no or no?
Haha, no is no 😆
I bookmarked it so that I could read everyone at the right time, thank you for the good information you shared 🌹👍
This is so epic!
Thanks yeorae! I hope it helps people understand more about fan tokens
With this buy and burn system, does moxie seem to be in every transaction is like a supply cut because it goes into the burn wallet?
Best of luck 💕 happy moxie Ⓜ️ day ❤️