This vote is to determine whether to change the current auction structure or keep it the same. Voting options vary in the number of Venture Capital v. Regular Auctions and the overall value of each auction.

This vote presents three options:

Option 1 - Add 100MM to Regular Auctions Weekly

Move to four (4) VCA’s and three (3) Regular Auctions per week.
In this scenario, Venture Capital Auctions would occur four (4) days a week, with each VCA offering 500MM AXN, and regular auctions would occur three (3) days a week, with 200MM AXN available per auction.

-Venture Capital Auctions (500MM each, 2BN Total) – Monday, Wednesday, Friday, and Saturday

-Regular Auctions (200MM each, 600MM Total) – Tuesday, Thursday, and Sunday


Total tokens distributed: 2.6BN weekly

Option 2 – Add 100MM to Venture Capital Auctions Weekly

Move to three (3) VCA’s and four (4) Regular Auctions per week.

In this scenario, VCA auctions would occur three (3) days a week, with each VCA offering 700MM Axion. The regular auctions would occur four (4) days a week, with 125MM tokens available per auction.

-VCA Auctions (700MM each, 2.1BN Total) – Monday, Wednesday, and Friday

-Regular Auctions (125MM each, 500MM Total) – Tuesday, Thursday, Saturday, and Sunday

Total tokens distributed: 2.6BN weekly

Option 3 – Auction levels remain the same

Leave the current auction set up as-is: Two (2) VCA’s and five (5) Regular Auctions per week.

-Venture Capital Auctions (1BN each, 2BN Total) – Tuesday and Friday

-Regular Auctions (100MM each, 500MM Total) – Monday, Wednesday, Thursday, Saturday and Sunday

Total tokens distributed: 2.5BN weekly

Note: The 90% cap will stay in place for all auctions, and any unsold tokens will all roll into the following Friday auction.

For a more detailed analysis, please visit https://www.punkynomics.com/blog/axion-dao-vote-auction-token-distribution

Did this answer your question?