Introducing The Win-Win Auction System
In a GBM Auction, every bidder gets rewarded — not just the winner. This is the core part of our "Win-Win" auction system.
Place the amount you want to bid.
All GBM bids are fully funded - meaning you send funds onchain to the GBM smart contract when you place your bid.
If someone places a higher bid:
You immediately get 100% of your bid back
You also receive an incentive reward
The exact incentive you could earn is shown to you before you place your bid.
If you're the highest bidder when the auction ends - you win the asset. Simple.
Last updated 6 days ago
