๐Œ๐ฎ๐ญ๐š๐ง๐ญ ๐„๐ง๐ ๐ฅ๐ข๐ฌ๐ก ๐€๐ฎ๐œ๐ญ๐ข๐จ๐ง ๐†๐ฎ๐ข๐๐ž. Auctioneer sets the floor price, bid increase rate and time interval allowing each higher bid.

๐Œ๐ฎ๐ญ๐š๐ง๐ญ ๐„๐ง๐ ๐ฅ๐ข๐ฌ๐ก ๐€๐ฎ๐œ๐ญ๐ข๐จ๐ง ๐†๐ฎ๐ข๐๐ž๐Ÿ“– Auctioneer sets the floor price, bid increase rate and time interval allowing each higher bid. Say first bid is 5 ETH, the bid increase rate is 3% and time interval is 30 minutes. The second bidder needs to pay 3% higher, i.e. 5*1.03=5.15 ETH plus the first bidderโ€™s gas fee within 30 minutes after the first bid. Likewise for every successive bidder. Whenever the next higher bid is placed, the previous bidder will receive rewards๐Ÿ’ฐ If no one places a higher bid after 30 minutes, the #auction ends and the current highest bid wins.

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Sizlux
SizluxSIZ #2833
Telegram
18 Aug 2023, 07:32
We have a team of 12. working every day to build this project and make our self and investors proud. We live our dream ๐Ÿ™๐Ÿป๐Ÿ™๐Ÿป
We have a team of 12. working every day to build this project and make our self and investors proud. We live our dream.
We have a team of 12. working every day to build this project and make our self and investors proud. We live our dream ๐Ÿ™๐Ÿป๐Ÿ™๐Ÿป
18 Aug 2023, 07:17
๐Œ๐ฎ๐ญ๐š๐ง๐ญ ๐„๐ง๐ ๐ฅ๐ข๐ฌ๐ก ๐€๐ฎ๐œ๐ญ๐ข๐จ๐ง ๐†๐ฎ๐ข๐๐ž๐Ÿ“– Auctioneer sets the floor price, bid increase rate and time interval allowing each higher bid. Say first bid is 5 ETH, the bid increase rate is 3% and time interval is 30 minutes. The second bidder needs to pay 3% higher, i.e. 5*1.03=5.15 ETH plus the first bidderโ€™s gas fee within 30 minutes after the first bid. Likewise for every successive bidder. Whenever the next higher bid is placed, the previous bidder will receive rewards๐Ÿ’ฐ If no one places a higher bid after 30 minutes, the auction ends and the current highest bid wins.
๐Œ๐ฎ๐ญ๐š๐ง๐ญ ๐„๐ง๐ ๐ฅ๐ข๐ฌ๐ก ๐€๐ฎ๐œ๐ญ๐ข๐จ๐ง ๐†๐ฎ๐ข๐๐ž. Auctioneer sets the floor price, bid increase rate and time interval allowing each higher bid.
๐Œ๐ฎ๐ญ๐š๐ง๐ญ ๐„๐ง๐ ๐ฅ๐ข๐ฌ๐ก ๐€๐ฎ๐œ๐ญ๐ข๐จ๐ง ๐†๐ฎ๐ข๐๐ž๐Ÿ“– Auctioneer sets the floor price, bid increase rate and time interval allowing each higher bid. Say first bid is 5 ETH, the bid increase rate is 3% and time interval is 30 minutes. The second bidder needs to pay 3% higher, i.e. 5*1.03=5.15 ETH plus the first bidderโ€™s gas fee within 30 minutes after the first bid. Likewise for every successive bidder. Whenever the next higher bid is placed, the previous bidder will receive rewards๐Ÿ’ฐ If no one places a higher bid after 30 minutes, the auction ends and the current highest bid wins. https://twitter.com/bounce_finance/status/1692435550928519321?s=46