Auction (AUCTION)
Launchpad, Polkadot Ecosystem, Decentralized Finance (DeFi), BNB Chain Ecosystem, Ethereum Ecosystem
Blockchain: N/A using algorithm N/A
Read more about the blockchain, hashrate, mining AUCTION
Curculation 6640627.26481983 из 7640627.26481983 AUCTION
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Auction (AUCTION) is designed to operate swap pools.A pool creator sets the following parameters:The number of tokens he wants to swap offThe maximum amount of ETH he would accept to swapDuration of the poolFixed price swap or dynamic price swapAfter the pool creator creates the pool, people can come and use ETH to auction and get the tokens. A participant needs to send an ETH transaction to the pool’s address within the pool expiration time. A swap is successful if the accumulated ETH deposit in the pool is less or equal to the bounce level, which is the maximum amount of the ETH allowed to be received. Any additional ETH deposit when the accumulated ETH deposit is greater than the maximum ETH amount will be bounced off and sent back to the sender’s addresses. In simple words, there is a limited quantity of swap allocations in each pool and users need to compete with each other to get swap opportunities. When a pool goes live, a user can send ETH to the bounce pool. A transaction will be bounced back to the user if there is no longer allocation in the pool.Bounce Token (BOT) is migrating to Auction (AUCTION). The migration from BOT token to AUCTION token marks a new journey of Bounce decentralized auction and Bounce certified auction. Migrating BOT to AUCTION allows users to participate in both the Bounce decentralized and Bounce certified auctions.Telegram
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Rating Auction
Rank by rate CoinMarketCap: 517
Rank by rate CoinGecko: 891.
Evaluation of communication (points): 9.615
Common Assessment Points: 0.002
Evaluation of the design (points): 0
Assessment of the liquidity (points): 35.98
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Official website AUCTION: https://bounce.finance/
Block explorers AUCTION: etherscan.io ethplorer.io
Announcements AUCTION: bouncefinance.medium.com
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