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Warpwatch 🎩 Ⓜ️
@warpwatch
✳️ We have been out bided a couple of times already.😔 😔 🚀But we want to go all in.🚀 ✔️ After some Clarification from @nikolaiii cast here is the Strategy to use all your tokens. Ⓜ️ You bid 1 token at 500,000 MOXIE. ⏰ When the auction is over, you should get 500,000 MOXIE worth of tokens based on the clearing price. 💡 Meaning if clearing Price ends at 500 MOXIE, you will get 1k of Fan tokens and not only 1. (If the bid was early enough to fill the amount) 🤔 Am I correct in this understanding? @moxie.eth @betashop.eth @airstack.eth @ipeciura.eth
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Jason Goldberg Ⓜ️ 💜
@betashop.eth
This is correct. The auction will attempt to maximize its profits. See explainer here https://warpcast.com/betashop.eth/0x432af461 FYI: you can wayyyy overpay by playing this way though. You could end up paying much more than the clearing price. there are many many strategies i'll post some spreadsheets scenarios shortly
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Warpwatch 🎩 Ⓜ️
@warpwatch
Awesome thanks, yep I placed a survey to see if we were the only confused but seems not the only one, I will go again through the docs until fully understanding. https://warpcast.com/warpwatch/0x088ad81f
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