~*~ How the Drop Works ~*~
This is not a normal NFT drop. There is no fixed price and no fixed edition size. The market decides both.
What is a MATT auction?
MATT stands for Maximum Affordable Token Total.
In a traditional sale, the artist guesses: “I’ll sell 10 editions at 0.5 ETH.” But what if 100 people would have paid 0.1 ETH, or only three people wanted it at 2 ETH? The seller is always guessing.
A MATT auction removes the guessing. It finds the price and edition size that maximize total revenue while guaranteeing that every winning edition pays the same price.
1. Place your bid
Choose the maximum price per edition you would pay and how many copies you want. That price × quantity is your maximum escrow. You may raise either number while bidding is live, but you cannot lower it; an update sends only the exact additional ETH.
A maximum price is not the final price. ETH remains locked in the contract until the round resolves or expires, and claim transactions require gas.
2. Find the optimal price
Sort price levels from highest to lowest and add their requested quantities. At every cut, multiply that level's price by the cumulative editions. The highest revenue is the current MATT result; equal revenue favors more editions.
| Cut | Uniform price | Editions | Revenue |
|---|---|---|---|
| 1 | 1.0 ETH | 1 | 1.0 ETH |
| 2 | 0.5 ETH | 3 | 1.5 ETH |
| 3 | 0.3 ETH | 5 | 1.5 ETH |
| 4 | 0.1 ETH | 6 | 0.6 ETH |
The 0.5 and 0.3 cuts tie on revenue, so V3 chooses the lower 0.3 price and greater edition count. The live display is a changing signal, not a promise of the final clearing price.
Your bid is a ceiling, not what you necessarily pay. Every winner pays the same clearing price; losers get their full escrow back.
3. Anyone processes settlement
When bidding ends, anyone can process up to sixteen unique price levels in one transaction. Large rounds can require several calls. V3 keeps the running best result onchain and resolves automatically when every level is processed. There is no owner-curated winner list.
4. Claim editions and refunds
- A position at or above the final clearing price may claim its full requested quantity.
- A winner may claim the difference between maximum escrow and final cost.
- A losing position may claim its full escrow.
- Refund and edition claims are separate pull transactions and can name recipients.
5. The settlement deadline is real
If settlement is not completed before the immutable grace deadline, anyone can mark the round Expired. Only after that explicit state change can participants claim their full escrow. The final production grace deadline will be published before bidding opens. An ended Open auction is not still “live,” and an expiry-ready auction is not yet “claimable.”
Bid on the Wave
The Wave action covers every currently live figure, up to the V3 batch limit. It requires an individual maximum for every figure. New positions request one edition; existing quantities are preserved. The site re-reads and simulates the entire block-stamped quote before opening the wallet.
~*~ 236 Figures. 236 Auctions. ~*~
Every M.U.S.C.L.E. figure gets its own independent MATT auction. The market decides the rarity of each one. A popular figure may attract many bids and end with a larger edition; an obscure figure may receive only a few bids and become paradoxically rarer.
That mirrors physical M.U.S.C.L.E. collecting, where the least-known figures can be the hardest to find. Which figures will be rarest? Which will everyone want? That is up to you.
Launch status
The production gallery will use the same verified-manifest checks as this rehearsal and will enable wallet actions only after the final deployment is checked in and explicitly permits writes. Previous Sepolia experiments remain documented only on the legacy contract page and are never selected as a fallback.