Clanker will join the Farcaster ecosystem, and protocol fees will be used to buy back and hold CLANKER tokens.

BlockBeats News, October 24, decentralized social protocol Farcaster announced that the AI-driven meme coin issuance platform Clanker will join its ecosystem. Farcaster plans to deeply integrate Clanker into its application, with more details to be announced soon. The following updates on the Clanker ecosystem are released:

Starting today, Clanker protocol fees will be used to purchase and hold CLANKER tokens;

In previous versions, a portion of protocol fees was deposited into the fee treasury in the form of ecosystem tokens. The team has destroyed these tokens today;

Approximately 7% of the CLANKER supply has been permanently locked into a single-sided liquidity pool.