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baubergo
@baubergo-
Now everyone suddenly understands moxie and loves it 😏 I'm glad that I was super early with my pal @maretus.eth during the beta-testing of everything in season 5 of degen. It's funny to see the complete turnaround from the "opposition” that doomed SCV, @openrank and everything else. Just a few days ago, they were vocal critics, and now they're quietly bidding on our fan tokens πŸ˜‚
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@zeuzc
I’m super bullish on this brother,but I don’t quite understand the bidding and all 100%
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baubergo
@baubergo-
If I can answer some of your questions I will be happy to help
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@zeuzc
How does the auction work,I usually struggle do I need insane amounts of moxie to bid? And is 1 fan token enough?
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baubergo
@baubergo-
You need to be higher than the clearing price to get the tokens. You can bid 1 token for the full amount you're willing to pay and if it's above the clearing price you will get the total amount of tokens when the auction is done. (like bidding 10k for one token and then getting xxx tokens when the auction ends). You can also buy later for higher prices as well. The higher the fan tokens you have, the higher the profit you have (like any token logic)
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