2. Click create auction button and the selection window pops up.
3. Select Fixed-swap pool and click confirm to go to the create a fixed swap pool page.
4. The pool settings page consists of two sections.
In the first section, only the token contract address is needed.
Token contract address: find the token contract address on Etherscan.
Token symbol and token decimals will be auto-filled after entering the token contract address.
(Note that Bounce does not support inflationary or deflationary tokens and we are not responsible for the loss of fund due to contract interaction on Bounce.)
The second section asks for the following parameters:
From: is auto filled after entering the contract address.
To: the currency to receive for the auctioned assets. On the Ethereum network the options are ETH and USDT. On Binance Smart Chain the options are BNB and USDT.
Swap ratio: the price to receive for 1 auctioned token, denominated in the selected currency.
Amount: the number of tokens to auction.
Bounce Level: the maximum allocation in the pool. When 100 tokens are auctioned for 1 USDT each, the bounce level is 100 * 1 = 100 USDT. The bounce level is automatically calculated based on your unit price and auction amount.
Allocation per wallet: the maximum amount of tokens one wallet can purchase from your pool.
Public opens the auction to everyone.
Bot holders opens the auction to users who hold at least 0.5 bot in their wallet.
Private opens to exclusive users or groups secured by password.
Pool name: for participants to identify the pool on the Bounce homepage.
Pool running time: the time that the pool will be available.
5. Once all parameters are entered, click the launch button and approve the transaction in Metamask (or whichever wallet used). Two transactions are needed to launch the pool:
Approve spending limit:
Approve Contract interaction:
If a transaction error with very high gas fee (usually over 200 USD), appears please do not proceed and go back to the parameter page to check if everything is entered correctly.