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Manu Williams π©π΅π
@manuwilliams
Here is my little summary of what I gathered from @ratnakar 's farhouse session with @betashop.eth βͺοΈ Tomorrow @moxie.eth will be releasing the schedule for in-frame Fan Token Auctions βͺοΈ 400 builders were selected from 1500 people who applied to be on the list to participate in this first wave - it will be rolled out to more users over the few weeks, and eventually to everyone βͺοΈ Auctions last 72 hours βͺοΈ We will be able to bit with our unvested Moxie token airdrop or buy and bid with Moxie βͺοΈAll winning bidders will get their fan token for the same clearing price with all proceeds going into the Bonding Curve. βͺοΈAt the end of the auction: ~ 90% of the proceeds from the Batch Auction goes into the Bonding Curve Smart Contract ~ 5% go to the Moxie Protocol --> which will be burned ~ 5% is allocated to the Member / Channel whose Fan Tokens are being auctioned, in form of Fan Tokens More here: https://build.moxie.xyz/the-moxie-protocol/moxie-protocol/fan-tokens
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Just Build
@justbuild
Thanks Manu, that was really helpful. 100 $degen
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Manu Williams π©π΅π
@manuwilliams
My pleasure! TY π
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