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Content
@
https://warpcast.com/~/channel/airstack
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Jason Goldberg pfp
Jason Goldberg
@betashop.eth
here is significantly updated information about how Moxie Fan Token Auctions work according to the smart contract Simple Guide to Fan Token Auctions Read carefully and let us know if any questions! Please πŸ” recast for visibility https://build.moxie.xyz/the-moxie-protocol/simple-guide-to-fan-token-auctions
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ash
@ashmoney.eth
@betashop.eth thanks this is helpful! if I bid e.g. double the clearing price do I receive the fan tokens at the clearing price after the auction closes? or at that double price?
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WOO🎩
@woo-x
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Zeni
@zeni.eth
Hey a couple questions about auctions... Is this user's understanding (image below) correct? If so, does it matter in this case who bid first?
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Zach Lipp
@zachlipp
thanks so much for sharing this, Jason. I'm just getting a chance to look in depth at how the bidding works. This was very helpful Looking forward to tomorrow morning. 50 $degen
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FrogzuπŸŽ©πŸ– 🎭 pfp
FrogzuπŸŽ©πŸ– 🎭
@gon
Very interesting model No rush Time for think best strategy
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Asef
@asefazi
Thank you Jason! @buildbot nom
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Goldie πŸ§Ÿβ€β™‚οΈ pfp
Goldie πŸ§Ÿβ€β™‚οΈ
@goldie
50 πŸ‘
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Mort Espiral
@mortespiral.eth
too much complicated
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Penguin
@sleepypenguin.eth
Oh wow. This is far from what I imagined. Curious questions 1. Why go for total amount than total number of tokens for the bids? 2. What will happen if for example Jason bids 500 ft for 1000 moxie = 500,000 moxie Bob bids 500 ft for 50 moxie Sally bids 500 ft for 10 moxie Clearing price will be 50 but Jason can take all of the 1000 token supply so Bob is just refunded even if the clearing price was based in his bid?
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0xie
@0xieacc.eth
How about on the selling side sir. Will it be as easy as pressing a single button??
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Zeni
@zeni.eth
I think the wording "minus any surplus they bid" can be confusing. The section at the bottom uses the text "Winners can claim their Fan Tokens and any MOXIE refund required", which is clearer.
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df
@df
this is a really solid and fair way to so the auctions btw πŸ‘Œ no alpha by being early or late to the auction, just market based price discovery
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Luffy
@hinhuk
If I use my vested token to bid and lost, when I get refund, will that token still vested or unvested?
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rohekbenitez γƒ„πŸŽ©β“‚οΈπŸ„ pfp
rohekbenitez γƒ„πŸŽ©β“‚οΈπŸ„
@rohekbenitez.eth
How can I be included in fan tokens for auctions?
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Kuririn
@kuririn
This is what I needed. Was not sure how it works exactly.
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PulsechainisREALdefi
@bluecolardegen
The only place I use this sentence in the crypto space ..."seems fair and not looking like you can game the system " .. love me some /moxie
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PulsechainisREALdefi
@bluecolardegen
Seems straightforward enough I can even get it
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YoulπŸŽ©πŸ«‚πŸΉπŸŽ­
@youl1001
Thank you for making Pantoken easy to understand! 50 $degen
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Snibb123.eth
@snibb123
What if I sell a token after buying it? How do I receive the Moxie back?
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