Moxie Official

here's what happens when Fan Token auctions end

learn more here

https://build.moxie.xyz/the-moxie-protocol/simple-guide-to-fan-token-auctions

i seem to be the typo alert guy, so here:

husband, father, degentleman, haberdasher 🎩🥂

There is a fixed supply offered in the auction. This enables price discovery and for everyone interested to buy in for the same price. 

Then once the auction is over, the Fan Tokens have unlimited supply and the price goes up slightly with every purchase and down slightly with every sale.

What does point 5 mean? I don’t get it!

Minimalist Guide on How Fan Tokens Auction Works

I'll crop it and send the step-by-step images in the replies below!

1. Overview
2. Price Mechanism
3. After the Auction

You can also view the HD version here: https://drive.google.com/drive/folders/1h6BF8bIm9pH_OOQC54Ni1uqdw7-0blAS?usp=drive_link

Sorry, I don't know how to make frames lol! 

cc: @betashop.eth @moxie-protocol @airstack.eth @ipeciura.eth

Made the easiest guide 🖖 

https://warpcast.com/joshisdeas/0xcb41d831

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

𝔗𝔞𝔨𝔢 𝔑𝔬𝔱𝔢𝔰 ✍️
𝔗𝔞𝔨𝔢 ℭ𝔥𝔞𝔫𝔠𝔢𝔰 🎰

𝖂𝖊𝖘𝖙 𝕳𝖆𝖒 𝕱𝖆𝖒𝖎𝖌𝖑𝖎𝖆


Here's how it works

https://warpcast.com/betashop.eth/0x432af461

So the sole purpose of $Ⓜ️OXIE is to buy FTs?

I'm not sure if you have already answered this or not @betashop.eth but what happens if someone buys fan tokens with their unvested moxies and then sells the fan tokens after the auction ends? Will the moxies go back to the vesting contract?

Policy Communications at Consensys; Ex-Circle Strategy, Crypto Startup Advisor. Snibbmaster.base.eth

In what way are bidders notified when the auction ends?