Anatomy of a Batch Auction (a.k.a. “Dutch Auction”)
1 min readMar 26, 2022
- Submit your bid price per CD3D token in BUSD (minimum $0.03/CD3D)
- Submit your bid amount (minimum $10.00/maximum $15,000.00)
- After 12 hour sale ends, orders are arranged highest bids to lowest bids until all tokens are SOLD
- in the case of same bid price, largest orders to smallest will be filled first
- unsold bid amounts are left to be reclaimed by bidder
EXAMPLE:
8M tokens with a minimum bid price of $0.03
5M worth of tokens are bid at $0.05
4M tokens are bid at $0.04
3M tokens are bid at $0.03
the results would be:
5M sold at $0.05
3M sold at $0.04
0 sold at $0.03
JOIN THE CD3D DEX DEBUT BATCH AUCTION SALE EVENT!
8M CD3D for sale
- 30% bonus to all sales 1000 CD3D+
- 40% bonus if all 8M CD3D are sold
Starts: 10AM UTC, 3.30.22
Ends: 10PM UTC, 3.30.22
Min Buy: $10 BUSD
Max Buy: $15,000 BUSD
Min Bid: $0.03 BUSD
Bids filled highest to lowest until all tokens are SOLD
*Tokens claimable after 1AM UTC, 3.31.22