
Bounce (AUCTION)
Key data
updated $0Bounce (AUCTION) is the native token of Bounce, a decentralized auction platform built on Ethereum. In simple terms, it lets people run competitive sales of tokens and NFTs without a middleman — the AUCTION token powers the whole process, from governance to fees. Think of it as eBay for crypto assets, but run entirely by smart contracts.
Frequently asked questions
What is Bounce and how is it different from regular exchanges?
Bounce is a decentralized auction protocol where tokens and NFTs are sold through competitive bidding rather than order books or automated market makers. Instead of a fixed price, sellers create auctions and buyers compete, which is useful for new or illiquid assets. It runs on smart contracts, so there's no central company holding your funds.
How does Bounce's technology work?
Bounce is built on Ethereum and uses smart contracts to manage auctions automatically — creating a sale, collecting bids, and distributing funds happen on-chain without intermediaries. The platform supports different auction formats like fixed price swaps, Dutch auctions, and sealed-bid auctions. Everything is verifiable by anyone on the blockchain.
How is the AUCTION token supply structured?
AUCTION has a hard cap of 10,000,000 coins, meaning no more can ever be minted. This fixed maximum supply is written into the token's smart contract, so it can't be changed by anyone. A capped supply is a common design choice to prevent endless inflation of the token.
How can you store and use AUCTION?
Since AUCTION is an ERC-20 token on Ethereum, it can be stored in any wallet that supports Ethereum, such as MetaMask, Ledger, or Trust Wallet. Holding AUCTION lets you participate in platform governance and stake it to earn rewards within the Bounce ecosystem. Always double-check the contract address before receiving tokens.