diff --git a/api/resolvers/item.js b/api/resolvers/item.js
index 5c21de90..d712c634 100644
--- a/api/resolvers/item.js
+++ b/api/resolvers/item.js
@@ -532,7 +532,7 @@ export default {
 
       const checkSats = async () => {
         // check if the user has the funds to run for the first minute
-        const minuteMsats = maxBid * 1000 / 30 / 24 / 60
+        const minuteMsats = maxBid / 1296
         const user = models.user.findUnique({ where: { id: me.id } })
         if (user.msats < minuteMsats) {
           throw new UserInputError('insufficient funds')
diff --git a/api/resolvers/user.js b/api/resolvers/user.js
index 3253f09d..6251ac2c 100644
--- a/api/resolvers/user.js
+++ b/api/resolvers/user.js
@@ -159,7 +159,7 @@ export default {
       if (me?.id !== user.id) {
         return 0
       }
-      return Math.floor(user.msats / 1000)
+      return Math.floor(user.msats / 1000.0)
     },
     bio: async (user, args, { models }) => {
       return getItem(user, { id: user.bioId }, { models })
diff --git a/api/typeDefs/user.js b/api/typeDefs/user.js
index 41b83899..0c2ec1ea 100644
--- a/api/typeDefs/user.js
+++ b/api/typeDefs/user.js
@@ -46,7 +46,6 @@ export default gql`
     tipDefault: Int!
     bio: Item
     sats: Int!
-    msats: Int!
     upvotePopover: Boolean!
     tipPopover: Boolean!
   }
diff --git a/prisma/migrations/20220226164520_status_update/migration.sql b/prisma/migrations/20220226164520_status_update/migration.sql
new file mode 100644
index 00000000..55caefc5
--- /dev/null
+++ b/prisma/migrations/20220226164520_status_update/migration.sql
@@ -0,0 +1,33 @@
+-- AlterTable
+ALTER TABLE "Item" RENAME COLUMN "noSatsAt" TO "statusUpdatedAt";
+
+-- charge the user for the auction item
+CREATE OR REPLACE FUNCTION run_auction(item_id INTEGER) RETURNS void AS $$
+    DECLARE
+        bid INTEGER;
+        user_id INTEGER;
+        user_msats INTEGER;
+        item_status "Status";
+    BEGIN
+        PERFORM ASSERT_SERIALIZED();
+
+        -- extract data we need
+        SELECT ("maxBid" * 1000 / 30 / 24 / 60), "userId", status INTO bid, user_id, item_status FROM "Item" WHERE id = item_id;
+        SELECT msats INTO user_msats FROM users WHERE id = user_id;
+
+        -- check if user wallet has enough sats
+        IF bid > user_msats THEN
+            -- if not, set status = NOSATS and statusUpdatedAt to now_utc if not already set
+            IF item_status <> 'NOSATS' THEN
+                UPDATE "Item" SET status = 'NOSATS', "statusUpdatedAt" = now_utc() WHERE id = item_id;
+            END IF;
+        ELSE
+            -- if so, deduct from user
+            UPDATE users SET msats = msats - bid WHERE id = user_id;
+            -- update item status = ACTIVE and statusUpdatedAt = null if NOSATS
+            IF item_status = 'NOSATS' THEN
+                UPDATE "Item" SET status = 'ACTIVE', "statusUpdatedAt" = now_utc() WHERE id = item_id;
+            END IF;
+        END IF;
+    END;
+$$ LANGUAGE plpgsql;
\ No newline at end of file
diff --git a/prisma/migrations/20220226170533_msats_bigint/migration.sql b/prisma/migrations/20220226170533_msats_bigint/migration.sql
new file mode 100644
index 00000000..0644a838
--- /dev/null
+++ b/prisma/migrations/20220226170533_msats_bigint/migration.sql
@@ -0,0 +1,3 @@
+-- AlterTable
+ALTER TABLE "users" ALTER COLUMN "msats" SET DEFAULT 0,
+ALTER COLUMN "msats" SET DATA TYPE BIGINT;
diff --git a/prisma/migrations/20220226174624_int/migration.sql b/prisma/migrations/20220226174624_int/migration.sql
new file mode 100644
index 00000000..f5bdad1f
--- /dev/null
+++ b/prisma/migrations/20220226174624_int/migration.sql
@@ -0,0 +1,41 @@
+/*
+  Warnings:
+
+  - You are about to alter the column `msats` on the `users` table. The data in that column could be lost. The data in that column will be cast from `BigInt` to `Integer`.
+
+*/
+-- AlterTable
+ALTER TABLE "users" ALTER COLUMN "msats" SET DEFAULT 0,
+ALTER COLUMN "msats" SET DATA TYPE INTEGER;
+
+
+-- charge the user for the auction item
+CREATE OR REPLACE FUNCTION run_auction(item_id INTEGER) RETURNS void AS $$
+    DECLARE
+        bid INTEGER;
+        user_id INTEGER;
+        user_msats INTEGER;
+        item_status "Status";
+    BEGIN
+        PERFORM ASSERT_SERIALIZED();
+
+        -- extract data we need
+        SELECT ("maxBid" * 5 / 216), "userId", status INTO bid, user_id, item_status FROM "Item" WHERE id = item_id;
+        SELECT msats INTO user_msats FROM users WHERE id = user_id;
+
+        -- check if user wallet has enough sats
+        IF bid > user_msats THEN
+            -- if not, set status = NOSATS and statusUpdatedAt to now_utc if not already set
+            IF item_status <> 'NOSATS' THEN
+                UPDATE "Item" SET status = 'NOSATS', "statusUpdatedAt" = now_utc() WHERE id = item_id;
+            END IF;
+        ELSE
+            -- if so, deduct from user
+            UPDATE users SET msats = msats - bid WHERE id = user_id;
+            -- update item status = ACTIVE and statusUpdatedAt = null if NOSATS
+            IF item_status = 'NOSATS' THEN
+                UPDATE "Item" SET status = 'ACTIVE', "statusUpdatedAt" = now_utc() WHERE id = item_id;
+            END IF;
+        END IF;
+    END;
+$$ LANGUAGE plpgsql;
\ No newline at end of file
diff --git a/prisma/schema.prisma b/prisma/schema.prisma
index 1e9201b4..122ff980 100644
--- a/prisma/schema.prisma
+++ b/prisma/schema.prisma
@@ -109,15 +109,15 @@ model Item {
   subName String? @db.Citext
 
   // fields exclusively for job post types right now
-  minSalary Int?
-  maxSalary Int?
-  maxBid    Int?
-  status    Status    @default(ACTIVE)
-  noSatsAt  DateTime?
-  location  String?
-  latitude  Float?
-  longitude Float?
-  remote    Boolean?
+  minSalary       Int?
+  maxSalary       Int?
+  maxBid          Int?
+  status          Status    @default(ACTIVE)
+  statusUpdatedAt DateTime?
+  location        String?
+  latitude        Float?
+  longitude       Float?
+  remote          Boolean?
 
   User User[] @relation("Item")