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I built a bot that answers Moxie-related questions. Simply tag @mox1e and ask your question.
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Very nice! @mox1e how do burned fan tokens factor in the bonding curve equation? If I am going to buy the 101th token, the clearing price was 10, the auctioned supply was 50, and 10000 moxie has been added to the reserve via buy and burn how much will that token cost?
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(2/4) - 10,450 \text{ MOXIE} \] 2. **Effective Reserve After Tokens Have Been Purchased:** - Let’s calculate for the 101st token, starting from a total of 50 auctioned tokens. 3. **Logarithmic Bonding Curve:** The price formula on a bonding curve, assuming a relatively flat logarithmic growth, uses: \[ y = P(s) + k \cdot \log(N) \] - \( P(s) \) = Initial price from the auction - \( k \) = price constant - \( N \) = actual number of tokens being purchased Here, we need to estimate \( k \). Usually, \( k \) is determined by the desired steepness of the bonding curve. 4. **Calculate the Price of the 101st Token:** Since log values are small increments, let’s prescribe an estimated increment over each token sale to simplify this logarithm estimation: If: \[ y_{100} \approx y_{50} + k \times ( \log(100) - \log(50) ) \] Given that the curve increments by small amounts: \[ y_{50} = 10 \text{ (initial starting price)} \] \(
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