Bounce
Bounce
AUCTION
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Bounce Intro
Auction as a Service - Bounce’s fully decentralized auction platform uses blockchain technology to ensure more transparent, efficient, and accessible auctioning, bidding, and buying processes for Web3 users.
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Q&A about Bounce Tokenomics
Explore the tokenomics of Bounce(AUCTION) and review the project details below.
Bounce's native token is $AUCTION which serves as the backbone of the platform, allowing for operation, utility capture, and value creation. It should be noted that the AUCTION token does not have a monetary value. The token has been designed with both economic and game-theoretical principles to enhance platform utility.
The features of the AUCTION token include:
Governance Voting: Each AUCTION token represents a vote in the governance process of the Bounce platform. The more tokens held in a wallet, the greater the voting power and influence the holder has on proposals.
Medium of Exchange: Pool creators have the option to receive their auction proceeds in AUCTION tokens, which can be used as a currency.
Exclusive Auction Spotlight: Creators can stake their auctions to get their activities promoted and noticed by platform users.
Bounce V3 Membership: Verification and privileged access to the platform are available to members.
Bounce Staking: Staking AUCTION tokens earns rewards from protocol fees generated."
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Auction as a Service - Bounce’s fully decentralized auction platform uses blockchain technology to ensure more transparent, efficient, and accessible auctioning, bidding, and buying processes for Web3 users.