The fixed swap auction, also referred to as fixed price auction is an auction where auctioneers and participants agree to execute a deal based on a set price.
A fixed swap auction is used in case the auctioneer has a clear value target for the auctioned assets.
Bounce Finance offers fixed swap auctions for ERC20 tokens and BEP20 based assets.
The fixed swap auction is time contingent and automatically executed. Auctioneers and participants receive swapped assets at the same time.