Payouts

Last updated 4 months ago

Payouts for Earned Rewards are issued automatically by the Moxie smart contracts. At launch, Payouts are allocated as follows:

50% to the Member who earned the Reward.
20% to the Fan Token Bonding Curve Smart Contract for the Member who earned the Reward in a manner that increases the price of the next-purchased Fan Token. This is accomplished by paying the 20% earned into the Bonding Curve and then burning the respective amount of Fan Tokens.
20% to the Fan Token Bonding Curve Smart Contract for the Channel where the Reward was earned (if applicable) in a manner that increases the price of the next-purchased Fan Token. This is accomplished by paying the 20% earned into the Bonding Curve and then burning the respective amount of Fan Tokens.
10% to the Fan Token Bonding Curve Smart Contract for the Network in a manner that increases the price of the next-purchased Fan Token. This is accomplished by paying the 20% earned into the Bonding Curve and then burning the respective amount of Fan Tokens.

An example is as follows:

Farcaster Member Betashop.eth earns 1000 MOXIE for taking an action on Farcaster in the Base Channel community.

Devs can also program other payout splits depending on the use case.

For example, users or communities might decide to allocate a % of earnings or rewards to certain causes or charities

Last updated 4 months ago