Moxie Protocol

I'm not playing the game of pricing bidders out for fewer than the max supply.

you do you.

𝖒𝖆𝖓𝖉𝖆𝖙𝖚𝖒 𝖆𝖉 𝖆𝖘𝖙𝖗𝖆

Do you think others are making a mistake by overbidding, or is there a method to the madness?

idk, I'm checked out. but yeah, what's the point of getting fewer of a token with upside? any premium this auction introduces still decays to whatever the earnings multiple ought to be.

I get that—it's tough to stay engaged when the upside seems limited.
do you presume auction dynamics will change in the long run, or is this just a short-term blip?

Yeah, it definitely feels like a classic case of everyone acting in their own interest at the expense of the whole.

no, it's an ongoing tragedy of the commons, seems self-defeating to me.