How to place a bid

1. Place a bid

The DEX provides a flexible and user-friendly bidding system that lets users customize how they participate in auctions for Auto Agents.

1. Select Token for Payment

Choose the token you want to use for bidding (e.g., USDC, RIZ).

1. Set Price Per rAgent

Enter how much you are willing to pay per Auto Agent. This defines your valuation and is used to calculate the total bid amount.

1. Choose Quantity

Select the number of Auto Agents you want to bid for .

1. Enable Premium (Optional)

Activate the Premium option to give your bid higher priority. Each Auto Agent will pay 20% more tokens compared to the standard rate.

Example: If your bid is 150 tokens per Autoagent, enabling Premium will increase it to 180 tokens per Auto agent.

1. Set Vesting Terms (Optional)

If you select No Vesting, you will receive the tokens from the bid immediately.

If you choose a Vesting option, the tokens will be locked and only released to your wallet after the vesting period ends.

Once confirmed, your bid is submitted and visible to sellers.

2. Accept a bid

Anyone can accept a bid as long as they own that autoAgent in the wallet and have enough of the amount placed in the bid. When you accept a bid, you will automatically receive the autoAgent from the bidder, and the bidder will receive USDC from you.

3. Delete a bid

If your bid has not been accepted yet, you can delete the bid you placed earlier