Jason Goldberg Ⓜ️ 💜 pfp
Jason Goldberg Ⓜ️ 💜
@betashop.eth
PSA for everyone doing maths on fan token auctions 1. The floor price is very very low — everyone can bid 2. You can bid for and buy more than 1 fan token for a member or channel. When you bid you designate: a. What price in $moxie your are bidding b. How may fan tokens you want to bid for at that price 3. There will be full transparency on all bids and clearing prices
10 replies
6 recasts
19 reactions
Jason Goldberg Ⓜ️ 💜 pfp
Jason Goldberg Ⓜ️ 💜
@betashop.eth
Some more fine details The available supply in the auction = 10% of the member or channel’s followers But that’s not the total supply. There is infinite supply once the fan tokens go into the binding curve, increasing slightly in price with every buy and decreasing slightly with every sell The initial auction enables fair price discovery before the binding curve
2 replies
0 recast
5 reactions
Miguelgarest pfp
Miguelgarest
@miguelgarest.eth
So let's say a user has 300 followers, and 100 people bid on their token at auction, does that mean that the top 30 bids at the end of the auction will get the token?
1 reply
0 recast
0 reaction
dd8🎩🎭 pfp
dd8🎩🎭
@dd8
What is the total supply of FT for the 400 auctions?
1 reply
0 recast
0 reaction
alex pfp
alex
@proxystudio.eth
what determines quantity available?
1 reply
0 recast
0 reaction
joshisdead.eth pfp
joshisdead.eth
@joshisdead.eth
Lovely! Will bid all of my moxie haha!
0 reply
0 recast
0 reaction
zoz pfp
zoz
@zoz.eth
1000 $DEGEN https://paragraph.xyz/@0xzoz/degen-employment-contract
0 reply
0 recast
0 reaction
I.Y? 🎩🧾🍖 pfp
I.Y? 🎩🧾🍖
@uncram-crypto
Got a question on the payouts if you please may. I believe the 20% payout to the fan/channel token holders is not paid in $Moxie but to buy and burn the fan tokens. The upside is not earning in $Moxie but a relative piece increase of the fan tokens. Is this inference correct?
0 reply
0 recast
0 reaction
Swam Frank pfp
Swam Frank
@swim
appreciate the transparency fam
0 reply
0 recast
0 reaction
broki pfp
broki
@broki
I really hope I can bid with my small $moxie allocation.
0 reply
0 recast
0 reaction
Harios ✏️ pfp
Harios ✏️
@harios
Hello, I have not received my tokens, where can I go?
0 reply
0 recast
0 reaction
StringerⓂ️ pfp
StringerⓂ️
@stringer
Keep eyes on 👀 7 $degen
0 reply
0 recast
0 reaction
Luffy pfp
Luffy
@hinhuk
How to win an auction? Only the one with highest bid?
0 reply
0 recast
0 reaction