Think frenPet is going good, users are down since last week as was expected after a cycle of low attention span pepes, but overall still good:
- players are paying to use the game
- 600k transactions on base, 2nd most used app after FT
- 500 regular returning users
- 24% of all $FP that will ever exist is already burned by players
- FP is the token with most individual holders on base after bald
If the burn remains this high it could become an issue for the game, but there are solutions and good problems to have.
Past few weeks made progress on the most important thing which was an FP fund for players, before this the incentives were kind of misaligned as if investors upside != players upside. but this is solved slowly.
So far ~1.5% of the supply is locked for players and I expect it to grow exponentially.
Many chains offfered us money to move frenPet to their chain. We plan to decline everyone and stay on base.
I just want users...think base mission to bring 1 billion ppl onchain is better than whatever funding on an l2 (no disrespect)
Excited now to ship the next steps.
Post #70
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