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auction
AUCTION
#36300
$15.62
4.11%
Market cap$0
Volume$253,148,163.23
Volume / Market capnull%
Circulating Supply0
%
Total Supply$0
Fully Diluted Valuation$0
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24H Price performance
LowHigh
$0$0
0.00%
Inflow$0
Outflow$0
Netflow$0
52-Week high$-
at Feb 26, 20250.00%
52-Week low$-
at Feb 26, 2025+0.00%
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About auction
AUTION is derived from BOT coins at a ratio of 1:100 (each BOT is exchanged for 100 AUTION).Bounce is a decentralized token exchange platform built on the Ethereum and Coinsecurity intelligent chain. This platform allows users to establish token exchange pools with fixed or dynamic exchange rates.BOT is a native functional token of the platform and is used for the following functions:Liquidity mining: BOT will be distributed daily to users who have successfully submitted token transactions.Governance: Users can mortgage BOT tokens to participate in governance voting. Voters can receive daily BOT token rewards.Transaction handling fee dividend: 0.20% of all transaction amounts will be used as a handling fee and distributed to BOT token mortgagors.On the Bounce platform, if the cumulative ETH/BNB deposits in a specific exchange pool are less than or equal to the rebound level (i.e. the maximum amount of ETH/BNB allowed to be received), then the token exchange is successful. All other assets deposited will be returned and sent back to the sender's address.Two types of exchange pools can now be established in the platform:Fixed exchange rate exchange: The exchange rate between the creator's token and ETH/BNB is always fixed. Once his/her deposit is confirmed, the user will receive the exchanged token. If the accumulated ETH/BNB quantity does not reach the return level at the end of the time, the non exchanged tokens will be sent back to the creator of the exchange pool.Dynamic exchange rate exchange: The exchange rate is based on the number of pool creator tokens and the number of ETH/BNB in the pool. If the accumulated ETH/BNB quantity does not reach the return level at the end of the time, all tokens of the pool creator will be exchanged for accumulated assets in the pool, and no tokens will be returned to the creator.
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