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https://warpcast.com/~/channel/airstack
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Zenigame
@zeni.eth
Requesting a bit of math help with Fan Token Auctions (imagining the previous frame flow when you could still set a quantity). ---- For a given auction, say the clearing price right now is 100 moxie and there are 1000 tokens available. Which of these bids would increase the clearing price more? Why? (or will they have the same result) Bids Scenarios: 1. 100 tokens for a price of 1000 moxie (100k volume) 2. 0.1 tokens at a price of 1,000,000 moxie (100k volume) CC: @ipeciura.eth @betashop.eth @yosephks
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Zenigame
@zeni.eth
tagging @zoz.eth and @sleepypenguin.eth to get an official answer on this. My initial intuition was that they would be the same, but have since heard differently. And Claude is desperately trying to convince me they're different as well.
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Jason Goldberg โ๏ธ ๐
@betashop.eth
The contract resolves the auctions like this: 1. Highest bidder (max price). Can I satisfy their entire budget? 2. 2nd highest bidder. If I cost average them and bidder 1, do I make more money? 3. 3rd highest bidder. If I cost average them in with 1 and 2, do I make more money? Etc
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Jhon
@jhonc.eth
The offer in Scenario 1 (100 tokens at a price of 1000 moxie each) will further increase the liquidation price.
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Fadil ใ
@blackkhammer.eth
Bro I can't even read all this without getting a headache ๐ญ๐ญ๐ญ๐ญ
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22
@themuyideen.eth
The fan tokens still confuses me alot
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