🚀 Ongoing auction on ProSwaps Market
To keep onboarding simple, current lot remains straightforward:
💵 Lot: 5 USDT
💰 Starting bid: 3 USDT
⏳ 14 hours left
How participation works:
1️⃣ Connect a Polygon-compatible wallet
(MetaMask or any other Web3 wallet on Polygon)
2️⃣ Place a bid
You interact directly with the smart contract — no intermediary holds your funds
3️⃣ Keep your bid on top
If someone outbids you, simply add more funds to your existing bid position
4️⃣ Wait for auction completion
5️⃣ Auction result:
🏆 Winner receives the lot
↩️ Non-winning participants can withdraw their bids back
Small lot → easy entry
Transparent process → easy verification
Join the auction 👇
https://t.co/zKFl6Zkrf9
🔒 No custody. No hidden controls.
• 💰 Prize escrow is locked on-chain before bidding
• ⚡ Auction settlement is permissionless
• 🔄 Refunds are claimed directly by users
• 🚫 No upgradeability
• 🛡 No admin access to user bids
📜 Transparent auction logic executed fully on-chain.
@AnhDaDen811 Immutability doesn’t mean development stops.
It means existing contracts can’t be arbitrarily altered after users trust them with funds.
Bugs and improvements are addressed through new contract versions, not by changing live user agreements.
@TEENAH27@MrBIGWHALE_0 or concerns 😉 This is also one of the tasks of how to secure and correctly distribute assets in the long term, so that it is possible to support auctions at a discount from the market.
🛡 Risk Eliminated #1: Admin Dependency
On ProSwaps, auction settlement does not depend on the creator or platform team.
Once the deadline is reached:
• Anyone can finalize the auction
• The winner receives the lot automatically
• Losing bidders can reclaim funds directly
No waiting for admin action.
No manual settlement.
No hidden control over user funds.
Just transparent on-chain execution.
https://t.co/F9Fd9p5bQn
@MaxCrypto This is only a one-minute chart))) Don't take high margin risks in trading; it's advisable to keep leverage up to 5x. Or use more reliable and secure instruments.
Yesterday you could try to predict the market and buy or sell 0.01 ETH for 20.97 USDT.
Today you’re either:
📈 +0.24 USDT
📉 -0.24 USDT
Or…
You could place a 15 USDT bid in a ProSwaps auction.
Today you either:
💰 Earn +6.21 USDT
🔄 Or reclaim your bid if you lose
No market prediction
No liquidation risk
Just transparent on-chain auction logic
https://t.co/F9Fd9p5bQn
@Sarah__Baro Hello! 👋
I might be wrong, but after browsing your profile, I thought you might be interested in our crypto auctions.
If not, feel free to ignore me 🫣
If you have any questions, please let me know; I'm always open to discussion.
@vote4satoshi@AdrianoFeria Yes, inflation is a real scourge for ETH pricing. Given the current tokenomics, I see only the launch of a smart contract to burn excess ETH.
I don't entirely agree: security requires a specific infrastructure that isn't directly related to transactions. Therefore, reducing commission fees doesn't directly impact security effectiveness. However, it's important to always remember that excessively low fees lead to increased turnover, which increases the burden on the infrastructure, requiring higher costs for its maintenance and development.