GM ☕️
Shoutout to
@standard_rsv. This has been a ridiculously fun project to watch.
I’ve also had way too much fun playing with the
@onesource_io API and digging into the public onchain data around STANDARD and the charter auctions.
A few characters started to emerge from the data:
🐋 #888, the impatient whale. The only charter to max its cap both nights. Six licences, seven branches, more than anyone in the system. Bought all six within four minutes of the open both nights. Average price: 17,802 STANDARD.
🧘 #841, the patient one. Bought the final licence of night one at 11,888, the cheapest sold so far. Then waited 176 minutes on night two and took the final three. Average price: 14,059 STANDARD.
Same product. Same auction mechanics. 27% difference in average price.
And then there’s #160, which might be my favorite.
It bought 4 seconds after night two opened, then again 6 seconds later, paying 23,770 and 23,764 STANDARD. Then came back 2h43m later at 15,335 and averaged itself down about 12%.
The broader stat is even better:
Night two high: 23,766 STANDARD
Night two low: 14,765 STANDARD
Difference: 61%
Identical product. Same night. The big variable was patience.
Really interesting mechanism to watch play out in public.
And for clarity: I have absolutely nothing to do with
@standard_rsv or
@onesource_io. I’m just a degenerate participant who wasn’t whitelisted 😂
Congrats to both teams. Fun stuff to watch and even more fun to dig into.