Seeing some misunderstandings on the timeline regarding @megaeth_labs English auction (Oct 27-30; selling 500M tokens) that might literally and metaphorically cost you. How it works: Everyone bids on Ethereum mainnet what they are willing to pay (in USDT) and at what FDV price (max $999M). The final price is the lowest that sells all tokens. Bid below it? You get zero, just a refund. Highest bids win, but U-shaped rules favor small ($2.6K) or large ($186K) bids. Everyone who gets an allocation will pay the same final price (likely ~$0.0999, $999M FDV). NFA Tips: -No need to rush and pay high gas fees, which I suspect will happen at the beginning. Just bid mid-window. -Bid $999M FDV to avoid missing out, since low bids get nada. If the clearing price is lower then you pay the lower price. -Use Fluffle NFT/DeFi history for priority. -Skip lockup (unless you are from the USA and don'thave a choice). #MegaETH #MegaMafia
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