How Movewiffrens and Frenspass Work?

Movewiffrens and Frenspass focus on helping users earn through social network activities. After purchasing a Frenspass, users access a private channel with the Creator and other Frenspass holders. Fees for buying and selling Frenspass on MWFs include:

5% of the transaction volume goes to the MWFs Treasury.

5% of the transaction volume goes to the creator.

How Users Earn Money?

Both creators and supporters can earn on MWFs

  • Creators receive a share of revenue when users buy and sell Frenspass.

  • Supporters buy Frenspass and sell them at higher prices, sometimes using MEV bots to purchase early and profit from price increases.

  • Potential airdrops from both MWFs and Movement, as suggested by the Points and Airdrop sections in the app.

Frenspass Valuation

Frenspass on MWFs are valued using a bonding curve. The formulae are:

Buying Price of Frenspass (in MOVE) = N² / 8

Selling Price of Frenspass (in MOVE) = (N-1)² / 8

Where:

  • N is the total supply of Frenspass.

  • 8 is an expansion coefficient determined by MWFs.

  • The price is calculated in MOVE (assumed 1 MOVE ≈ 1 USD).

The price is proportional to the total supply. More Frenspass in circulation mean higher prices, creating a barrier for new users. Trades are made with the MWFs platform.

Trading Profit Calculation

To calculate trading profit after adding k Frenspass:

Example: KOL A has 100 Frenspass in circulation. The price for the next buyer is:

100² / 8 = 1250 MOVE

If immediately sold, the price is:

99² / 8 = 1225.125 MOVE

If the supply increases to 120, K = 20. The profit (excluding fees) is:

k(2n + k) / 8 = 20(2 x 100 + 20) / 8 = 550 MOVE

For any N, users can calculate K needed for profitable trade (net profit > 0 after 10% fee):

Trader profits when: K > N / 9

For N ≤ 9, K only needs to be 1 for profit. MEV sniper bots can make profits because they need only one subsequent buyer.

Sniper bot: an automated tool developed for quick trades based on market conditions.

Larger N means higher K for profit after fees. Larger projects make it harder for traders to profit, benefiting the protocol and largest creators.

To find a KOL’s Frenspass total supply from price:

Supply = Square root (price * 8)

For example, a Frenspass priced at 2.4256 MOVE has a supply of 14 Frenspass:

Supply = Square root (2.4256 * 8)

PreviousHow to Access Private Chat?NextBenefits of Private Chat

Last updated