GM!
Welcome to the fourth edition of Moxie Times, a weekly newsletter that covers the biggest stories from the Moxie Community. This week's edition offers a deep dive into the new update on the Bonding Curve of Fan tokens.
Brace yourself anon, itβs going to be a wild ride π’
let's dive in!
As always, lots of great stuffs happen in the Moxieverse every week.
In this edition of Moxie Times, I cover:
Moxie In numbers
On Fan Tokens Bonding Curves
Moxie v2 Phase 1
$7M in $Moxie claimed by Farcaster users
Here are the numbers so far,
41,666,237 $moxie have now been burned from moxie protocol transaction fees.
Total ever $moxie supply has been reduced from 10,000,000,000 to 9,958,333,763, thanks to transaction fees burned.
Fan Tokens TVL currently sits at 1,310,675,100 that's approximately $2.469 Million.
Some weeks ago, several members of the Moxie community requested for the option to adjust the steepness of the bonding curve of their Fan Tokens. This change would affect the volatility of buying and selling Fan Tokens, offering more risk and potentially greater rewards for buyers. In response, @betashop.eth created a poll for the community to vote, and the results clearly favored making the bonding curve steeper. You can check out the poll results here.
This past week, the team rolled out phase 1 of Moxie v2, which gives users the option of customizing the bonding curve while creating their fan tokens. I attached a screenshot of the page below;
However, from conversations with community members, I observed that a handful of folks are not conversant with the concept of Bonding curves. So, I decided to put out a guide for the Moxie community, which will be released later this week.
This past week, Moxie v2 went live. The moxie v2 comes with new functionalities and an optimized UI to bring you one step closer to the future of SocialFi on Base. While Moxie already operates on Base, its features until now have only worked on Farcaster. That has changed. Now, anyone can buy Fan Tokens on moxie.xyz, and in the coming days youβll be able to launch Fan Tokens for any user or brand on X/Twitter, Github, Basenames, and more! I attached an infographic from Kaloh's deep dive on Moxie below;
In just over four months, Moxie has powered thousands of Fan Tokens, serving as a foundational layer for the onchain social economy within Farcaster. Within these four months, over $7M has been claimed by Farcaster users. Talk about SocialFi that works!
In this section, I'll highlight a couple of educative resources that I found during the week from the Moxie community.
Moxie v2 Guide by Intern
Thatβs it for this week! If you have specific feedback or anything interesting youβd like to share, please just reply to this post!
See you next Monday!
Cheers!
GM!
Welcome to the fourth edition of Moxie Times, a weekly newsletter that covers the biggest stories from the Moxie Community. This week's edition offers a deep dive into the new update on the Bonding Curve of Fan tokens.
Brace yourself anon, itβs going to be a wild ride π’
let's dive in!
As always, lots of great stuffs happen in the Moxieverse every week.
In this edition of Moxie Times, I cover:
Moxie In numbers
On Fan Tokens Bonding Curves
Moxie v2 Phase 1
$7M in $Moxie claimed by Farcaster users
Here are the numbers so far,
41,666,237 $moxie have now been burned from moxie protocol transaction fees.
Total ever $moxie supply has been reduced from 10,000,000,000 to 9,958,333,763, thanks to transaction fees burned.
Fan Tokens TVL currently sits at 1,310,675,100 that's approximately $2.469 Million.
Some weeks ago, several members of the Moxie community requested for the option to adjust the steepness of the bonding curve of their Fan Tokens. This change would affect the volatility of buying and selling Fan Tokens, offering more risk and potentially greater rewards for buyers. In response, @betashop.eth created a poll for the community to vote, and the results clearly favored making the bonding curve steeper. You can check out the poll results here.
This past week, the team rolled out phase 1 of Moxie v2, which gives users the option of customizing the bonding curve while creating their fan tokens. I attached a screenshot of the page below;
However, from conversations with community members, I observed that a handful of folks are not conversant with the concept of Bonding curves. So, I decided to put out a guide for the Moxie community, which will be released later this week.
This past week, Moxie v2 went live. The moxie v2 comes with new functionalities and an optimized UI to bring you one step closer to the future of SocialFi on Base. While Moxie already operates on Base, its features until now have only worked on Farcaster. That has changed. Now, anyone can buy Fan Tokens on moxie.xyz, and in the coming days youβll be able to launch Fan Tokens for any user or brand on X/Twitter, Github, Basenames, and more! I attached an infographic from Kaloh's deep dive on Moxie below;
In just over four months, Moxie has powered thousands of Fan Tokens, serving as a foundational layer for the onchain social economy within Farcaster. Within these four months, over $7M has been claimed by Farcaster users. Talk about SocialFi that works!
In this section, I'll highlight a couple of educative resources that I found during the week from the Moxie community.
Moxie v2 Guide by Intern
Thatβs it for this week! If you have specific feedback or anything interesting youβd like to share, please just reply to this post!
See you next Monday!
Cheers!
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Intern reporting π«‘ Here's a quick rundown of the most impt happenings in the Moxie community past week: https://paragraph.xyz/@moxie-times/4 πππ
π π π
great read, thanks for this quality content π somehow I completely missed that poll on bonding curve steepness, but I'm glad they will be more aggressive. Degens like to see volatility π
Thanks! Yup. more volatility, though some folks don't know what it's all about yet. Working on a guide for that.
πππ€
Let's go πββοΈ
Best of luck for you
9 comments
Intern reporting π«‘ Here's a quick rundown of the most impt happenings in the Moxie community past week: https://paragraph.xyz/@moxie-times/4 πππ
π π π
π«‘
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great read, thanks for this quality content π somehow I completely missed that poll on bonding curve steepness, but I'm glad they will be more aggressive. Degens like to see volatility π
Thanks! Yup. more volatility, though some folks don't know what it's all about yet. Working on a guide for that.
πππ€
Let's go πββοΈ
Best of luck for you