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https://warpcast.com/~/channel/airstack
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Jason Goldberg
@betashop.eth
here are several Fan Token auction scenarios as you are planning your bids dyor https://docs.google.com/spreadsheets/d/1T0Dz2_HZaEteBB7ZzrVtpVurvGS-CTY4gtMoXeALi58/edit?gid=0#gid=0 and a guide to how Fan Token auctions work https://build.moxie.xyz/the-moxie-protocol/simple-guide-to-fan-token-auctions
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Tamrat
@tamrat
@betashop.eth what is the logic behind letting a max bidder have the potential to buy up all the available fan tokens? wouldn’t this bias accounts who have a lot of moxie from the airdrop to just outbid everyone?
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Jason Goldberg
@betashop.eth
it's not in their advantage, they end up over paying
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Tamrat
@tamrat
sure but that also means the other bidders get 0 fan tokens even if their bid was above clearing price no?
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Akshay 🎩🎭
@cyber77.eth
Not their advantage okay. But what about smaller bidders who bid higher than current clearing price (if in end clearing price stays same) they might also not get because some big bidder will get all? Am i not understanding it correctly?
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Breech
@breech
But don't you think some of the whales just won't care about overpaying because they want huge amounts of the supply from those accounts/channels? We're going to see so many people get bullied out of their auctions in the final minutes before closing due to this I'm afraid.
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