Fan Token

A token that can be purchased on Farcaster with airstack.xyz).

After an initial auction period, the token operates on a logarithmic bonding curve to control the supply & price of the token, thereby reducing the risk of speculation & hype.

Each day, creators on farcaster earn $moxie for their engagement in the attention economy. Creators with fan tokens use a "split" of their daily $moxie earnings to buy/burn their own fan token.

This buy/burn moves the price of the token up, along the bonding curve, without impacting the current supply of token holders.

Creators can choose to update the daily split amount to speed up the bonding curve movement.