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How to Bid on Fixed-Price

The Basics​

  1. Head to axis.finance and click “Launch App” in the top-right hand corner.
  2. Connect your wallet by clicking “Connect” in the top-right hand corner.
  3. Click on any live Fixed-Price Sale to view the token launch information as displayed above.

UI Explained​

Testnet Sale

  • Target Raise: Amount of tokens received by the seller if all of the supply is sold.
  • Min Raise: Minimum amount of quote tokens to be received if the auction concludes successfully.
  • Fixed Price: Amount of quote tokens per payout token.
  • Tokens Available: Total amount of tokens being offered.
  • Sale Type: Sales can be public or private with allowlists.
  • Fixed Price FDV: Estimated Fully Diluted Valuation (FDV) of the token.
  • Total Supply: Token's current total supply. Please note that tokens may be mintable and as such the amount displayed may not be final.
  • Auctioned Supply: Percentage of the token's current total supply being offered.
  • Vesting: Whether the auctioned token has any vesting before it can be fully claimed.

Purchasing Process​

  1. Navigate to the "Buy TOKEN_NAME" section on the right.
  2. Enter the amount of tokens you wish to pay under “Spend Amount”.
  3. Verify the amount of tokens received, shown in the “Amount received”.
  4. You should now be prompted to approve the spend amount and submit your bid. Note this will require 2 transactions. (Approval and Purchasing)

Purchasing Tips​

  • Check for additional auction features like vesting terms or callbacks.
  • Always check if the auction has a curator.
  • You can purchases multiple times per sale.