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

BlockBeats News, October 24th, Decentralized Social Protocol Farcaster announced that AI-driven Meme Coin issuance platform Clanker will join its ecosystem. Farcaster plans to deeply integrate Clanker into the application, with more details to be announced soon. Now, the following updates are released regarding the Clanker ecosystem:

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

Previously, a portion of the protocol fees was deposited into the fee treasury in the form of ecosystem tokens, and the team has today burned these tokens;

Around 7% of the CLANKER token supply has been permanently locked in a single-sided liquidity pool.