Bounce AUCTION Price

What is Bounce (AUCTION)?

Bounce Finance, launched in July 2020, emerges as a pioneering force in the decentralized finance (DeFi) space, particularly known for its innovative auction-as-a-service platform. It is a multi-chain compatible Web3 Marketplace Protocol that facilitates a wide range of marketplace creations, including token auctions, direct purchases, and bespoke contract management. The platform stands out for its versatility in hosting auctions not only for Ethereum but also for Binance Smart Chain assets and across various other blockchains.

At the heart of Bounce Finance is its native cryptocurrency, $AUCTION, with a total supply of 10,000,000 tokens. This token, having undergone a migration from the original BOT token with a swap ratio of 1:100, plays a crucial role in the ecosystem. It is used for governance, participating in decision-making, and potentially earning a share of the platform's revenue. Users can also stake AUCTION tokens to receive rewards, adding an extra layer of utility.

The platform's robust functionality includes various auction types like fixed swap, sealed-bid, Dutch, and English auctions, each catering to different trading preferences. Bounce's V2 upgrade introduced enhanced features like a search engine for auctions and the Bounce OTC for over-the-counter token purchases. Expanding its reach, Bounce Finance has also ventured into the Bitcoin ecosystem with its Bounce Bit solution, leveraging layer-2 technology. This holistic approach not only enriches the user experience but also contributes significantly to the evolving landscape of decentralized auctions and token swapping.

What is unique about Bounce (AUCTION)?

Bounce Finance is known for its fully decentralized protocol, supporting diverse auction types and token swaps in a competitive environment, especially in the Web3 and traditional spaces.

Who are the founders of Bounce (AUCTION)?

The founders of Bounce Finance are Chandler Song and Ryan Fang, who are also associated with Ankr, a significant player in the blockchain industry.

Who are the backers/investors of Bounce (AUCTION)?

Bounce Finance is backed by notable investors including Divergence Ventures, SNZ Holding, Fundamental Labs, DHVC, Coinbase Ventures, Hashed, Blockchain Capital, and PANTERA Capital.

Where can I buy Bounce (AUCTION)?

You can buy Bounce (AUCTION) on Binance, MEXCBitgetGate.ioOKX cryptocurrency exchanges.