Moxie Official

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

anyway we can see the equation for I27/I28?

only cells that matter and they are hard coded lol

Bitcoin, /appreciation channel host, /stolenfromtwitte channel host

FID: 2211

sorry low iq here

how did the equation know to just use those rows and ignore the first to rows?

airstack

What that contract does is:

1. Look if using only the highest bidder's budget would be profit maximizing
2. Compare that to adding in the next lower bidder, then the next, the next, etc

for each it's taking the total budget they bid and dividing by the total supply,  to get the cost average for filling their orders

https://warpcast.com/betashop.eth/0xff3bf5e5

I'll be including this on my explanation frame too.

The clearing price would be 20 Moxie each since the last token will be bought by B according to bidding.

But if the price is 20 moxie each, D can buy 25 and there's 5 more left which C can buy. But since, we are maximizing profits and no leftovers (but without overpaying) we take into account both C and D's budget. 

Thus, (500+300)/30