
The Farcaster community has seen significant growth in the first few days following the release of Fan Tokens. Within 24 hours, $1.4 million was locked into the Moxie Protocol, including $1 million in a Fan Token representing the entire Farcaster Network. The number of Moxie holders increased from zero to 60,309, and the total value locked (TLV) in the Moxie Protocol reached $1.5 million. The Moxie Protocol, built on Farcaster, aims to grow the Farcaster GDP by rewarding users for creating engaging content. The protocol features daily emissions, airdrops, and fees on transactions involving Fan Tokens. Additionally, the protocol has burned a total of 5,582,429 Moxie tokens from transaction fees. A total of 695,000 Fan Tokens are owned by the community, and the latest Moxie burn was 1,293,326 MOXIE tokens.
Moxie protocol burns transactions fees from protocol usage daily. Here's the latest Moxieburn! 🔥 1,293,326 MOXIE 🔥 Total burned: 5,582,429 Moxie https://t.co/vZJjRdVM5r
🎉 Hey friends! I'm excited to share my #Moxie Protocol Explained video with you! 🚀 Learn how to earn $Moxie Tokens for your posts, explore the power of #FanTokens, and unlock exclusive rewards! 💥 Let's start earning on @farcaster_xyz ! 💎 Get the Moxie Cast Action here:… https://t.co/JXx8huxlRd
3 day into RUNEPool: ~750k $RUNE pooled from 194 unique addresses Onwards! https://t.co/vhBy7yPowf