Things to watch out in the arena this Halloween week end.
(1) All auctions are capped, with no limit, permitting users to raise their cap only once. In contrast, the hard-capped auction has a fixed cap, which may result in the sale of significantly less BUN due to the hard cap. This experiment will be closely observed.
2. The information box for each auction will only be visible to those who have joined the relevant auction.
3. It will include the total cap at auction (i.e., the available cap balance of all users), the bid bot’s display of the number of BUNs it can bid across all bidders, the amount of TIX that were burned to raise someone’s cap, and a penalty box for any violations of our rules (e.g., spam bidding or bidding in the last 3 seconds). Further information can be found in this article.
4. The joining fee will increase 20 minutes before the commencement of battle-bidding auctions and double every 20 minutes. No new participants can join the auction within 4 hours of the fee increase, unlike the 12 hours previously required.
Therefore, it is recommended that users join early and abide by the rules, which dictate that they do not spam bid and do not bid in the last 3 seconds.