Fixed-Price Auction

For ERC20 and BEP20 based assets

What is a fixed swap auction?

A fixed swap auction, also known as a fixed price auction, is a type of auction where the price for the assets being auctioned is pre-determined and agreed upon by the auctioneer and participants. This type of auction is typically used when the auctioneer has a specific value target for the assets being sold. One platform that offers fixed swap auctions for both ERC20 tokens and BEP20 based assets is Bounce Finance. In addition, these auctions are time-contingent and automatically executed, meaning that assets are swapped at the agreed upon time. Furthermore, Bounce V3 offers a feature called "regret functionality," which allows participants to participate and withdraw from an auction at any time during the auction process.
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