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Clanker joins the Farcaster ecosystem with a new tokenomics model.
Dan Romero, co-founder of Farcaster, announced that Clanker – the launchpad platform built on Base – has officially joined the Farcaster ecosystem. This move helps strengthen the growing decentralized application community of the network. Clanker also announced a major update on tokenomics: two-thirds of the platform fees will be used to buy and hold the native token CLANKER.
All old tokens in the ecosystem have been burned to simplify the structure and increase scarcity. Additionally, 7% of the total supply of CLANKER is locked in a one-way liquidity pool to enhance stability. These changes aim to strengthen long-term value and encourage holders. Farcaster also asserts that they do not have an official token, to clarify recent rumors.