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Jason Goldberg Ⓜ️ πŸ’œ pfp
Jason Goldberg Ⓜ️ πŸ’œ
@betashop.eth
a couple of important Moxie updates: 1. We're making a change to the bidding flow later today to make it more clear based on feedback. Instead of being asked "what price" & how many" Fan Tokens you want, it will be: a. What's your max. price per FT? b. What's your budget? That's the way the auction actually works. It tries to satisfy the entire budgets of everyone whose max. bid is greater than the clearing price, prioritizing highest bids first, then next, next. If your max. price is above the clearing price you will always get something. 2. The Protocol burns all protocol fees, once per day. The fees are 5% when auctions end & 2.5% whenever a FT is sold. This affects total supply, which started at 10B https://basescan.org/token/0x8C9037D1Ef5c6D1f6816278C7AAF5491d24CD527 3. Fan Token holders' sharing of rewards by "buying and burning" will start on Monday. We want to make sure that is perfect. These will always be done at random times so it cannot be frontrun. Thanks!
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Jason Goldberg Ⓜ️ πŸ’œ pfp
Jason Goldberg Ⓜ️ πŸ’œ
@betashop.eth
also, if there's any confusion on the "buy and burn" - you do not need to do anything, this just happens from the protocol
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agusti pfp
agusti
@bleu.eth
Thank you so much for this i've been getting outbid in some token fan auctions and it really hurt! looking forward to the new flow!
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Max Jackson pfp
Max Jackson
@mxjxn.eth
I am not going to lie, that buy and burn mechanic is freaking brilliant
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Zenigame pfp
Zenigame
@zeni.eth
Just said I had 33k to claim, got timed out on the math check twice. Clicked "back", and then got this (nothing in wallet). @ipeciura.eth - wonder if you could take a look to see if something happened?
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Inna Mosina πŸŽ©πŸ”΅πŸ’Ž pfp
Inna Mosina πŸŽ©πŸ”΅πŸ’Ž
@innamosina
it gets better and better every day
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Tawsifnation pfp
Tawsifnation
@tawsifnation
Same I can't claim token today sir😭
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Mistershot🎩 pfp
Mistershot🎩
@mistershot
I can't claim my tokens today! @betashop.eth
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AdaⓂ️ πŸ–πŸŽ©πŸŽ­πŸ”΄ pfp
AdaⓂ️ πŸ–πŸŽ©πŸŽ­πŸ”΄
@adamkm
this is very early but very transparent and everything is very good going well i look forward to what you will do next let cooking LORD Ⓜ️
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AT79wβ“‚οΈπŸŽ©πŸ”-' pfp
AT79wβ“‚οΈπŸŽ©πŸ”-'
@at79w
Thank's for the update, Jason
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nikolaii.eth πŸš€ pfp
nikolaii.eth πŸš€
@nikolaii.eth
Great change! Makes things more clear for sure!
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Joserian pfp
Joserian
@joserian
Thanks for update bigbossman!
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yjx278 pfp
yjx278
@yjx278.eth
thank you for the update! so all accumulated moxie from this week will be used to buy and burn on monday?
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sonny.base.ethπŸ”΅ pfp
sonny.base.ethπŸ”΅
@niceonesonny.eth
Clear!
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adexmakai.degen.eth pfp
adexmakai.degen.eth
@adexmakai.eth
Thank you for this update. Chef Jason.
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joshisdead.eth pfp
joshisdead.eth
@joshisdead.eth
Thanks for the update man!
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Dvyne🎩 pfp
Dvyne🎩
@dummie.eth
Pretty much how auctions work Love it Any more clarity on how it can be determined?
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dibo pfp
dibo
@dibo
Thank you for always being so responsive to user feedback!
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Penguin pfp
Penguin
@sleepypenguin.eth
Awesome updates. Thanks for cooking β“‚οΈπŸ’œ
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Salinek pfp
Salinek
@electrike.eth
im so bullish, tokenomics is very good, everyday supply is getting smaller, this is crazy, brilliant idea
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