How The Auction Lobby Works

This page contains details on how the prosperitypad auction lobby works.

Auction Lobby

How the Auction Lobby Works

The auction lobby functions by offering a set amount of tokens over a predetermined number of days. Each day operates as a separate auction round. The price per token that a user effectively pays is determined by the total AUSD deposited into that specific day's auction pool. The number of tokens a user receives is based on their percentage share of the total AUSD deposited on that day.


How the Math Works

  • Token Price Calculation: To determine the price per token for a specific auction lobby day, divide the total number of tokens available that day by the total amount of AUSD deposited. Formula: Tokens per AUSD = Daily Available Tokens ÷ Total AUSD Deposited

    Example: If 22,727 tokens are available and 1,283 AUSD is deposited that day: 22,727 ÷ 1,283 = ~17.71395 tokens per AUSD

  • Token Allocation Calculation: To calculate how many tokens you will receive, determine your percentage share of the AUSD deposited that day, then apply that percentage to the daily available tokens. Example: If 22,727 tokens are available and the total pool is 500 AUSD, and you deposit 500 AUSD: Your share = 500 ÷ 500 = 100% Tokens received = 100% of 22,727 = 22,727 tokens


Our Recommendation

We recommend spreading your deposits across multiple days instead of placing 100% of your AUSD into a single auction day. This strategy may increase your chances of receiving a larger token allocation due to potential fluctuations in daily participation.

Example: If you have 1,000 AUSD, consider depositing 100 AUSD across 10 separate auction days. On days with lower overall participation, your contribution may represent a larger share of the pool—resulting in more tokens for the same amount of AUSD.


Disclaimer

This strategy does not guarantee a higher percentage of tokens. Because no one knows the total AUSD deposited for any auction day until it closes, the outcome is inherently unpredictable. However, spreading out your participation may help optimize your results by reducing exposure to high-demand days.

Listing Price Calculations

Our launch price is the weighted average of all auction purchases. Even though daily prices vary, we pair the same percentage of USD and tokens in the LP after fees, so the USD-per-token ratio and therefore the listing price fairly reflects the entire auction’s demand.

14-day auction (random, up-and-down deposits)

  • Tokens auctioned per day: 1,000,000 (→ 14,000,000 total)

  • Dev fee: 10% of USD deposits

  • Listing logic: pair 90% of USD with 90% of tokens to preserve the fair (weighted-average) price

Daily results

Each day’s “price” is simply USD ÷ 1,000,000.

Day
USD Deposited
Tokens (day)
Day Price (USD/token)

1

120,000

1,000,000

0.1200

2

95,000

1,000,000

0.0950

3

180,000

1,000,000

0.1800

4

160,000

1,000,000

0.1600

5

300,000

1,000,000

0.3000

6

240,000

1,000,000

0.2400

7

500,000

1,000,000

0.5000

8

420,000

1,000,000

0.4200

9

380,000

1,000,000

0.3800

10

650,000

1,000,000

0.6500

11

600,000

1,000,000

0.6000

12

700,000

1,000,000

0.7000

13

550,000

1,000,000

0.5500

14

800,000

1,000,000

0.8000

Totals:

Gross USD: $5,695,000 Total tokens: 14,000,000


Fair (weighted-average) listing price

The auction’s pooled (weighted-average) price is:

Gross USD ÷ Total Tokens = 5,695,000 ÷ 14,000,000 = $0.406785714...


Listing Structure:

  • Net USD to LP: 90% × $5,695,000 = $5,125,500

  • Tokens to LP: 90% × 14,000,000 = 12,600,000

LP price = 5,125,500 ÷ 12,600,000 = $0.406785714...

✅ Same listing price as the true weighted average.


Why this is fair (plain English for investors)

  • Each day is proportional: On any day, you got your share of that day’s 1M tokens based on how much you put in relative to others that day. That’s fair intra-day.

  • All days merge into one pool: At launch, all USD and all tokens merge. The listing price becomes the weighted average of what everyone paid across all days (not a simple average of day prices).

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