of 10m for 5m.. making profit of 5m in 2 weeks with 0 effort. Would you let thwt hapoen again in next auction? Probabyl not. So you will bid with 8 or so. Question is just how big of a margin/protection for dumps will wsnt to have
Yes but my basic question is that why would we want to sell the fee basket collected lesser than the fair market value ..
I can suggest that the non qualified bid in inj could be locked for a month ( or any duration suitable ) then released thereafter
Cos the inj used to buy the basket is burnt. The winning auction bids will be significantly less than market value, especially as the value of the fee basket grows larger, and selling the assets in the basket starts having an impact on the price of those assets
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