Jason Goldberg Ⓜ️ 💜 on Warpcast

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Jason Goldberg Ⓜ️ 💜 pfp

Jason Goldberg Ⓜ️ 💜

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 Ⓜ️ 💜 pfp

Jason Goldberg Ⓜ️ 💜

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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OTTI🎨🖌🎩 pfp

OTTI🎨🖌🎩

Some people have been complaining that they’ve been claiming less than what they gain daily from rewards,is there a bug? Or we don’t actually get to claim the full rewards and just a percentage

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agusti pfp

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

I am not going to lie, that buy and burn mechanic is freaking brilliant

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joshisdead.eth pfp

@joshisdead.eth

Thanks for the update man!

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Penguin pfp

@sleepypenguin.eth

Awesome updates. Thanks for cooking Ⓜ️💜

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Rafaello.base.eth pfp

Rafaello.base.eth

Thanks for this It would help

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WooDee 🎩🍖🧾Ⓜ️ pfp

WooDee 🎩🍖🧾Ⓜ️

Thanks for the update Jason!

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Zenigame pfp

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 🎩🔵💎 pfp

Inna Mosina 🎩🔵💎

it gets better and better every day

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Tawsifnation pfp

Same I can't claim token today sir😭

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Mistershot🎩 pfp

I can't claim my tokens today! @betashop.eth

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AdaⓂ️ 🍖🎩🎭🔴 pfp

AdaⓂ️ 🍖🎩🎭🔴

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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AT79wⓂ️🎩🍔-' pfp

AT79wⓂ️🎩🍔-'

Thank's for the update, Jason

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nikolaii.base.eth 🚀 pfp

nikolaii.base.eth 🚀

Great change! Makes things more clear for sure!

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Joserian pfp

Thanks for update bigbossman!

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yjx278 pfp

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.eth🔵 pfp

sonny.base.eth🔵

@niceonesonny.eth

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adexmakai.degen.eth pfp

adexmakai.degen.eth

Thank you for this update. Chef Jason.

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