This article will be useful for users who have just come or will come, who will just start to get acquainted with moxie.

1. What's a moxie?

Moxie is a revolutionary protocol designed to efficiently implement blockchain-based economies in Farcaster, the leading decentralized social network.

2. What is the purpose of this token?

The moxie token is now used almost everywhere in the farcaster ecosystem, but its main purpose is to buy fan tokens (channels, users) participation in card games, advertising your post in channels where you have membership.

And that's just the beginning...

3. What are fan tokens and how do I buy them?

1. A fan token- is a token of a user or channel that serves as a passive income for its fans. If we talk about channel tokens, many channels have started to use their fan tokens for giveaways or memberships.

2. Distribution of rewards is done by burning your own fan tokens for the amount earned for the activity of a user or channel, you can see information about the rewards for fan token holders on the site

   Airstack Explorer

   Airstack - the easiest way to build on Farcaster. Frames SDK. Frames API. No-code Frames. Onchain Composability APIs for Ethereum, Base, Optimism, ENS, Farcaster, Lens and more.

   https://www.airstack.xyz

   

   Here's an example of the channel awards, they always go 100% for the fans

   

Example of user rewards. Each fan token creator himself can choose the amount that will go to fans 20%,50%,70%,90%

4. Fan tokens are bought with moxie. On the website

   Airstack Explorer

   Airstack - the easiest way to build on Farcaster. Frames SDK. Frames API. No-code Frames. Onchain Composability APIs for Ethereum, Base, Optimism, ENS, Farcaster, Lens and more.

   https://www.airstack.xyz

   

   And so consider buying a fan token:

   1. We need to choose the fan token we want to buy, here you choose yourself, I recommend channels.

   

2.You select a fan token, click buy, you get a notification on Warpcast.

3.In this frame you select the buy or sell, enter the number of tokens you want to buy, sign the transaction in your wallet and that's it.

Congratulations you are the owner of the first fan token🤘

4. Contract address MOXIEⓂ

0x8C9037D1Ef5c6D1f6816278C7AAF5491d24CD527

https://dexscreener.com/base/0xc02Dc3a9b6eaD739C56CDEa716D8fEC4Ffe4C799

5. Rewards

   There are two ways to obtain rewards:

   1. Owning a fan token.

   When you own a fan token, your rewards go to burning the fan token, thus increasing the price of the fan token itself.

   Example: you bought a fan token for 100Ⓜ, the creator of the token was active and earned moxie from his activity, he took his part for himself and the other part went to buy and burn fan tokens for this amount. And the next day the price of the fan token became 110Ⓜ.

2. Your daily activity

You can earn moxie for your activity in Warpcast by making quality content, chatting in comments, etc.

Rewards for your activity you can receive on every other day directly to your wallet.

How to do it?

1.Under any post, click action

2.You need to add the Moxie function to the Action

3.You open the frame, you select Moxie.

4.Select Rewards

5.Click claim button, complete the captcha and wait for the earned moxie to appear in your wallet)

It's important to remember and know!!!

You can track all the information about the fan token, the price of the token, how much you have earned on the site:

Airstack Explorer

Airstack - the easiest way to build on Farcaster. Frames SDK. Frames API. No-code Frames. Onchain Composability APIs for Ethereum, Base, Optimism, ENS, Farcaster, Lens and more.

https://www.airstack.xyz

But what you have to remember is that a fan token is just like a regular coin, the price can rise or fall depending on your purchases and sales.

When you sell it, you will be charged a 5% commission, and if you sell a large amount you can reduce the price, so calculate that.

6. Lp boost, Moxie Power

   1. Lp boost for providing liquidity on Uniswap or Aerodrome. For providing liquidity, you will get an increase in your farscore and you will be able to give people more moxie for their activity.

   2. Moxie Power is a blocking of your fan tokens for 3 months and also increases your farscore( 100k Ⓜ in fan tokens gives you an increase of 1.2) you can block an unlimited number of fan tokens.

What are these boosts for?

These boosts increase your farscore in the Airstack system, the higher your rating the more valuable you are and the more you can give rewards to people.

There are daily limits for which users will receive rewards from you, this can be viewed in the frames:

Saxophone🎩🍖 on Warpcast

Reset!! Channels are gradually getting set up with participation pages too! Have a great weekend!😆 Frame Created by @saxophone55.eth https://moxie-daily-dashboard.vercel.app/frames?d=415368_2_20241006000415009

Farcaster

nikolaii.base.eth 🚀 on Warpcast

FarScore frame now with Maxi ) See Your Farscore Stats Frame by @nikolaiii 🚀 https://farscore.altumbase.com/farscore/366713/ucyZEw8NL5

Farcaster

These frames are very handy because they show how much of your limit is left and how much you can give to people, there are a lot of such frames I chose two of my favorites.