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Content
@
https://warpcast.com/~/channel/airstack
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Jason Goldberg Ⓜ️ 💜 pfp
Jason Goldberg Ⓜ️ 💜
@betashop.eth
here is significantly updated information about how Moxie Fan Token Auctions work according to the smart contract Simple Guide to Fan Token Auctions Read carefully and let us know if any questions! Please 🔁 recast for visibility https://build.moxie.xyz/the-moxie-protocol/simple-guide-to-fan-token-auctions
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ash pfp
ash
@ashmoney.eth
@betashop.eth thanks this is helpful! if I bid e.g. double the clearing price do I receive the fan tokens at the clearing price after the auction closes? or at that double price?
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WOO🎩 pfp
WOO🎩
@woo-x
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Ox.crypto 🌈 🎩 pfp
Ox.crypto 🌈 🎩
@ox-crypto.eth
How about on the selling side sir. Will it be as easy as pressing a single button??
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ED pfp
ED
@eljuniordiaz.eth
Sharing this!
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Zenigame pfp
Zenigame
@zeni.eth
Hey a couple questions about auctions... Is this user's understanding (image below) correct? If so, does it matter in this case who bid first?
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Zach Lipp pfp
Zach Lipp
@zachlipp
thanks so much for sharing this, Jason. I'm just getting a chance to look in depth at how the bidding works. This was very helpful Looking forward to tomorrow morning. 50 $degen
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Marcelo Terça-Nada 💎🎩✨ pfp
Marcelo Terça-Nada 💎🎩✨
@marcelonada
Tysm ✨
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Frogzu🎩🍖 🎭 pfp
Frogzu🎩🍖 🎭
@gon
Very interesting model No rush Time for think best strategy
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Asef
@asefazi
Thank you Jason! @buildbot nom
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Goldie 🧟‍♂️ pfp
Goldie 🧟‍♂️
@goldie
50 👏
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Mort Espiral 🎩 pfp
Mort Espiral 🎩
@mortespiral.eth
too much complicated
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Penguin
@sleepypenguin.eth
Oh wow. This is far from what I imagined. Curious questions 1. Why go for total amount than total number of tokens for the bids? 2. What will happen if for example Jason bids 500 ft for 1000 moxie = 500,000 moxie Bob bids 500 ft for 50 moxie Sally bids 500 ft for 10 moxie Clearing price will be 50 but Jason can take all of the 1000 token supply so Bob is just refunded even if the clearing price was based in his bid?
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Zenigame pfp
Zenigame
@zeni.eth
I think the wording "minus any surplus they bid" can be confusing. The section at the bottom uses the text "Winners can claim their Fan Tokens and any MOXIE refund required", which is clearer.
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df pfp
df
@df
this is a really solid and fair way to so the auctions btw 👌 no alpha by being early or late to the auction, just market based price discovery
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Luffy
@hinhuk
If I use my vested token to bid and lost, when I get refund, will that token still vested or unvested?
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Kuririn
@kuririn
This is what I needed. Was not sure how it works exactly.
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Erik pfp
Erik
@eriks
super helpful, recasted would be awesome if there was a way to park these informational casts and frames somewhere for future reference a “moxie page” of sorts, directly on warpcast
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rohekbenitez ツ🎩Ⓜ️🍄 pfp
rohekbenitez ツ🎩Ⓜ️🍄
@rohekbenitez.eth
How can I be included in fan tokens for auctions?
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Salvinrazi 🎭 pfp
Salvinrazi 🎭
@salvinrazi
Great, wish I had more tokens to enter the auctions
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