Bounce Finance Governance Token (AUCTION)
Last Updated 19/02/2022
Official Website: https://bounce.finance/
What is Bounce Finance Governance Token (AUCTION)?
Bounce is a decentralised auction platform with features such as liquidity mining, decentralised governance, and staking. The scarcity of resources is the first principle of Bounce, which produces a competitive swap environment. The term "swap" comes from Uniswap, a platform that provides participants with unlimited liquidity. While this is an excellent idea, Bounce focuses on the inverse scenario.
Bounce creates a competitive environment for tokens with finite supply or other assets such as NFTs. The assets can be sold in a variety of ways, including Token sales. The platform allows for various sorts of auctions in which a limited number of tokens are auctioned off using various auction principles and time constraints. These include fixed price (fixed swap auction), declining price (Dutch auction), or hidden price (hidden price auction) and Auctions of NFTs.
Bounce Auction
The Bounce auction allows users to trade scarce digital assets in a competitive swap environment on a versatile, decentralised auction platform without the need for trust in a third-party intermediary. Various auction types are available such as Fixed swap, Sealed bid, Dutch and English Auction while allowing for private or public OTC trades.
Bounce V2 enables search engine level functionality. Instead of an open list, users will be able to browse the available auctions through a search bar on the front page by:
• Token name
• Auction type
• Pool information
Besides smooth operational use, the new search feature is designed to minimise possible outreach of fraudulent projects. As a completely decentralised platform, there is no ability for the project to restrict listings on Bounce, however, the new search feature will offer added filter and security layers for users.
Roadmap
2021
Upgraded to Bounce V2 as the decentralised OTC platform, incorporating:
• Decentralised OTC
• Decentralised auctions
• Auctions search engine
Launched Bounce as a Pioneer platform for decentralised auctions incorporating:
• Liquidity mining
• Decentralised governance
• Staking mechanisms
• Competitive swap environment
• Different types of auctions
2022
Bounce V2:
• Update the existing and add new types of auctions
• Upgrade OTC protocol
• Adopt OTC for wider use
Launch the freelancer platform with the following features:
• Based on permissionless peer to peer economy
• Equipped with auction tools
• Customised demands will be fulfilled by freelancers across metaverse
• Completed orders will be delivered as NFT’s
Where to Store Bounce Finance Governance Token (AUCTION)
The Bounce platform functions with popular and commonly used cryptocurrency wallets, such as MetaMask, Binance Chain wallet, WalletConnect, Coinbase Wallet, Ledger and Trezor. They are looking to add further compatibility with additional wallets in the future.
Metamask wallets can be linked with the Bounce platform to allow for enhanced operability and direct use between the wallet and platform.
Where to Buy and Sell Bounce Finance Governance Token (AUCTION)
You can Buy & Sell Bounce Finance Governance Token (AUCTION) here at BC Bitcoin. You can Buy AUCTION by heading over to the Buy Coins page of our website. AUCTION is available on BC Bitcoin trading against major fiat currencies: GBP and EUR.
Buying AUCTION has never been easier, simply place your order and provide your wallet address. Once your payment arrives, AUCTION will be sent directly to your wallet.
If you choose to Sell Bounce Finance Governance Token (AUCTION), you can send us the coins and receive a payment to your bank account. Details and a live valuation can be found on the Sell Coins page.
Bounce Finance Governance Token (AUCTION) Resources
Website: https://bounce.finance/
Block Explorer: https://etherscan.io/token/0xa9b1eb5908cfc3cdf91f9b8b3a74108598009096
GitHub: https://github.com/bouncefinance
Twitter: https://twitter.com/bounce_finance?s=21
Disclaimer: The information provided in this article is intended for informational purposes only. It is the readers' responsibility to complete their own research and due diligence.