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Jason Goldberg Ⓜ️ 💜
@betashop.eth
here are several Fan Token auction scenarios as you are planning your bids dyor https://docs.google.com/spreadsheets/d/1T0Dz2_HZaEteBB7ZzrVtpVurvGS-CTY4gtMoXeALi58/edit?gid=0#gid=0 and a guide to how Fan Token auctions work https://build.moxie.xyz/the-moxie-protocol/simple-guide-to-fan-token-auctions
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Tamrat
@tamrat
@betashop.eth what is the logic behind letting a max bidder have the potential to buy up all the available fan tokens? wouldn’t this bias accounts who have a lot of moxie from the airdrop to just outbid everyone?
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Jason Goldberg Ⓜ️ 💜
@betashop.eth
it's not in their advantage, they end up over paying
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Tamrat
@tamrat
sure but that also means the other bidders get 0 fan tokens even if their bid was above clearing price no?
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Breech 🎩🍖Ⓜ️
@breech
But don't you think some of the whales just won't care about overpaying because they want huge amounts of the supply from those accounts/channels? We're going to see so many people get bullied out of their auctions in the final minutes before closing due to this I'm afraid.
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