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https://warpcast.com/~/channel/airstack
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Danica Swanson
@danicaswanson
Moxiesplaining Journal Day 15: Fan Token Auction Reflections My Fan Token auction happened in the first week after Moxie launched. Several early bidders + friends got priced out by flippers. This was just before Airstack made an adjustment that altered the immediate post-auction arb opportunity. Looking at the cost basis vs. current value for the tokens from my own auction that were auto-allocated to me, I see how the daily buy-and-burn gradually narrowed the difference between those figures. (See image - top is from Aug. 6, bottom is Sep. 15). So as of this week I'm no longer in the red on my own token. By earning Everyday Rewards, I "worked my way back up." I'd like my priced-out friends to become holders of my Fan Token too, but the price is much higher now. I could buy my own token and gift it to them. But would that be a positive-sum outcome? 🤔 ----- (Moxiesplaining Journal is a daily window into my observations, learnings, and the view of Moxie from where I sit as a writer + editor).
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Danica Swanson
@danicaswanson
(Oy. Sorry 'bout that second image. Uploaded the wrong one somehow. Will try to fix it...)
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Danica Swanson
@danicaswanson
You can catch up on week 2 (and earlier) here: https://paragraph.xyz/@danicaswanson/the-moxiesplaining-journal-2
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Callum Wanderloots ✨
@wanderloots.eth
Can you explain the red portion’s significance? Are you saying that it’s based on how much you initially put into your token?
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ArtStudio48
@artstudio48
Interesting points. I noticed price going up with trades on my own token, even if it was sold for small profit. Besides buying your own token (priced at premium right now), and gifting it to your friends, I don’t know what else would be worth doing. You can send them Moxie as well if you’re feeling very generous. I heard about burning option, but haven’t tried it yet.
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TrishD
@trishd
I'm supporting you through /microsub! 171 $DEGEN (Please mute the keyword "ms!t" if you prefer not to see these casts.)
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