🔶🔶Thanks for a truly remarkable first 80 days!
800M TVL in Fan Tokens, 8% of ever-supply,
42% of liquid$4.6M worth of Moxie rewards to FC creators, builders, community leaders —
$2.5M of which from everyday rewards shared with FansTop 15 protocol on Base
#1 SoFi app on Base
>150 unique apps and frames from 3p devs
6700 holders of 11.6M Fan Tokens!
Making Fandom Fun!
And we're just getting started!
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Rewards Goals:
Get Rewards to sustainable levels
2. Limit Farmers - who are very sophisticated
Ensure rewards are flowing to protocol supporters and their fans
4. Enable solid contributors to give & earn more
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What we've done the past couple weeks
Adjusted organic FarScores to only include active Farcaster users
the biggest impact of this was lowering the earnings/spending by non-Moxie using OGs (redirecting rewards to actual Moxie users)
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What we've done the past couple weeks
Introduced Caps on spend per engagement
this lowed rewards emissions, but too much for top Moxie users!
and this didn't stop the farmers
🔶🔶What we've done the past couple days
• Required Fan Tokens for anyone hitting 100,000 lifetime Moxie earnings
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206,745 Farcaster Members have earned
665,660,011 MOXIE Rewards worth > $2.5M
only 440 Farcaster Members who hit the new 100,000 lifetime caps did not have a Fan Token
350 new Fan Tokens launched in last 48 hours, including 90 of those 440
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What's coming...
Smart Caps! - higher weekly caps for good users, lower caps for farmers)
Moxie Heroes - big boosts for top users each week
We'll put this in motion early next week!
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🔶🔶Moxie Retro1!
214 total submissions
116 qualified for a grant
Preliminary: 24 are up for top prizes
DAO Voting next week
🔶🔶Announcing Moxie Retro2!
Moxie Retro2 Season starts now!
100,000,000 MOXIE up for grabs for positive contributions to growing the Moxie protocol and ecosystem between now 17 October and 5 January, 2025
Any contributions will be considered
As with Retro1, contributions will be measured by actual impact on Moxie growth during the period..
****Moxie exchange rate has been falling as rewards and farming have increased too quickly in recent weeks.
350 Fan tokens were launched in 48 hours.*****
No more change today❤❤
super bullish moxie team 🤟🤟
