Participate in a Dutch auction
2. Select Dutch auction under pool type.
3. Find the Dutch auction to participate in. Pay attention to the token contract address to ensure you enter the correct pool. If everything is correct click join and enter the Dutch auction information page.
4. The Dutch auction information page shows the current auction price, the time left until the next price decrease, and the number of allocations left. Participants can place a bid for the number of tokens they want to purchase and the price per token that they are willing to pay.
5. When a participant makes a bid that is equal to or higher than the auction price, that bid will be immediately filled and both the pool creator and participant will receive ETH/USDT and swapped tokens immediately (immediate settlement).
Last modified 6mo ago