๐๐ฎ๐ญ๐๐ง๐ญ ๐๐ง๐ ๐ฅ๐ข๐ฌ๐ก ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐ฎ๐ข๐๐. Auctioneer sets the floor price, bid increase rate and time interval allowing each higher bid.
18 Aug 2023, 07:17
๐๐ฎ๐ญ๐๐ง๐ญ ๐๐ง๐ ๐ฅ๐ข๐ฌ๐ก ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐ฎ๐ข๐๐๐
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 bidderโs 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 rewards๐ฐ
If no one places a higher bid after 30 minutes, the #auction ends and the current highest bid wins.
Same news in other sources
2SizluxSIZ #2833
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 ๐๐ป๐๐ป
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 ๐๐ป๐๐ป
Bounce Finance Governance TokenAUCTION #365
18 Aug 2023, 07:17
๐๐ฎ๐ญ๐๐ง๐ญ ๐๐ง๐ ๐ฅ๐ข๐ฌ๐ก ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐ฎ๐ข๐๐๐
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 bidderโs 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 rewards๐ฐ
If no one places a higher bid after 30 minutes, the auction ends and the current highest bid wins.
๐๐ฎ๐ญ๐๐ง๐ญ ๐๐ง๐ ๐ฅ๐ข๐ฌ๐ก ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐ฎ๐ข๐๐. Auctioneer sets the floor price, bid increase rate and time interval allowing each higher bid.
๐๐ฎ๐ญ๐๐ง๐ญ ๐๐ง๐ ๐ฅ๐ข๐ฌ๐ก ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐ฎ๐ข๐๐๐
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 bidderโs 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 rewards๐ฐ
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