Dohnjoe wrote: » Seem's good, if I buy some now via auction, is that price locked in, or does it fluctuate throughout the day?
Whelo79 wrote: » I think it will take something like 16k ETH to be put into the auction today for the auction price to be worse than the Uniswap price. And that ain't gonna happen.
Dohnjoe wrote: » Thanks, but does it lock in the price when I buy now e.g. it's 1,368,274.11 AXN = 1 ETH right now If I pay 1 eth, do I get that, or does it trickle down through the day and I get the final result? Not familiar with these auctions, ta
Whelo79 wrote: » It all depends on how much ETH is put in. Undersold and you get your good bargain. Oversold and you bargain starts to get reduced. Like I said, about 16k ETH needs to be put in for that to happen. Don't forget to use a referral link for the extra 10%.
Grumpypants wrote: » Might be a daft question but where do I see my staked axion. ? I used the browser through meta mask. It shows two on deposit amounts at the bottom but just the dates. I can't see them on etherscan but nothing about interest etc. Going to put a small but in to see our the auction works so will you post your referral link again I can seem to find it. Would like to give you the tip for all the help.
Whelo79 wrote: » On the staking page you will see the date staked, end date, amount staked, BPD share, interest etc all in one column. It doesn't show on etherscan because technically the coins are burned when you stake them and when your stake ends the smart contract automatically remints your stake amount and your interest. Here is the referral link but don't enter the auction until the next big one on Friday. The daily auctions are not as valuable and have been providing a worse rate than buying direct from Uniswap.
Pdoghue wrote: » I thought I put 0.5 ETH into yesterday's auction, and it's showing as 'in progress' in the auction page. I thought I paid about $2 yesterday in gas fees to make the bet. But when I opened my Metamask today it says my bet is pending (dated 21/11/2020). It's such a pain in the h**e. I think therefore I missed out on yesterday's auction weekly and am only in today's smaller auction. Too much messing about making transactions which are delayed, high fees - it's just not worth the effort.
dougal0691 wrote: » on the "my bets" area of the page what auction does it show? I entered yesterday's auction and it says in progress. going by YouTube it should change from in progress to withdraw at some stage today, then you can withdraw into the auto stake.
Whelo79 wrote: » From the Axion team regarding claiming your auction purchase You must withdraw the auction/bet after the auction is completed fully. This will then initiate the 14 day stake period. Currently, some users are experiencing a user interface (UI) bug that doesn't showcase the withdraw button, and instead just showcases an in progress area. This is a bug that has been fixed on our development end, but has yet to be pushed to the public front end. Users can initiate this withdrawal on our dev front here, temporarily, or until we push the fix publicly: https://axionpriv.rocknblock.io/auction Please be aware that the gas fee for this transaction is more expensive than your usual transaction fee. With this said, there are many UI updates in the works, that I'm sure everyone will be super pleased with! Onward and upward. AXION
Pdoghue wrote: » Thanks a lot for all your help and tips.. Still trying to use the other url to try and withdraw.. more expensive alright..never seems to process despite confirming withdraw step 3 times now.. So many UI bugs on their part.. doesn't inspire confidence.. at least I'm not committing big money to this..
dougal0691 wrote: » check the staking page. I tried withdrawing and when it finished it was still showing the withdraw button, but when I went to the stake page its shown there.
Pdoghue wrote: » It finally worked, I think..shows my opened deposit on 21/11 end date 5/12.. Principal is greater than shared.. should BigPayDay be 0 AXN? Hope this is right.
Tango One wrote: » I staked during the auction was there supposed to be some pay out?. One other question when do they plan to buy back with the proceed of the auction.
myshirt wrote: » How liquid is AXN? How long do you need to lock your funds in?
Whelo79 wrote: » Go to the auction page, you will see your bid and a withdraw button. Click on withdraw and your AXN will be stakes for 14 days. You will see it move into the Staking page with total amount and end date.
BillyBoy wrote: » Whelo, I put a tiny amount of Eth into one of the auctions just to see what is all about. I am trying to withdraw the AXN and Metamask is quoting $672 gas fee - am I doing something wrong or is this normal?
Tango One wrote: » I didn't bid during the auction only staked no option to withdraw. I thought there was some sort of pay put for staking
Tango One wrote: » 2 weeks just to cover the auction. I see interest but this would be from staking rather than any payout from the auction. Maybe I'm reading the situation wrong.
EndaHonesty wrote: » The interest includes the payout from the auction. I staked for 7 days and received around 1.5% for that period. I'm going to repeat that process each week. If the interest stays at the same rate I will more than double my AXN in 1 year. Compounding turns 1.5% per week into around 120% per year...
