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wake 🎩
@wake.eth
under a thousand now 🍿
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Callum Wanderloots ✨
@wanderloots.eth
Interesting the price difference considering the similar TVL, just a supply difference I guess?
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wake 🎩
@wake.eth
The token price itself? That happens for a few reasons, the launch quantity being chief among them. >when fan token auctions launch, they default to 10% of that entities' follower count >Dan has a lot more followers >and so he has a lot more fan tokens >and so the fan tokens are a lot cheaper than, say, wake
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Callum Wanderloots ✨
@wanderloots.eth
ahh that makes sense, thank you. I set mine to 1000 to start (a nod to 1000 true fans) so we'll see how it goes! 10% would only be about 620 so I guess I overshot the default a little it ends in 30 min though so we'll see what happens!
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wake 🎩
@wake.eth
Oh neat. You can set your own token count when you self-select a fan token auction?
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Callum Wanderloots ✨
@wanderloots.eth
yeah! there's a max cap of 40,000, which is the default as far as I'm aware. but when you go to start it, there's an option to change the auction supply. I figured lowering it would make it a bit scarcer and perhaps bump the initial price up before it goes to normal market as the auction continues, you get a running total of the remaining supply: i can see that 888 have been bid for so far
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wake 🎩
@wake.eth
oh that's neat! man, I'd labor over the game theory outcomes of that choice for days lol
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Callum Wanderloots ✨
@wanderloots.eth
i laboured over it for about 20 days 😆 and then i said fck it, i'm overthinking this, i'll just launch it and then see how I can make it work, 1000 felt nice lol i'll be increasing the split to hopefully get a solid burn going too, still trying to think on what makes sense for my split to maximize token value while also giving me some bill-covering earnings haha
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OsoTurbo1
@oso-turbo-1
🍢🍢🍢
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