magicframes

The Yellow Collective on Base

I'm auctioning my favourite /yellow (worth 0.5 ETH) in a "Degen Auction" format, starting at 1 DEGEN.

Sad to see this little fella go, but I'm sure it will land in good hands.

Bid now!

I'm auctioning my favourite /yellow (worth 0.5 ETH) in a "Degen Auction" format, starting at 1 DEGEN.

Sad to see this little fella go, but I'm sure it will land in good hands.

Bid now!

https://magicframes.xyz/spell/auction/34

Holistic views of tech. Helping teams manage complexity and build more effective software – /framedltime – /sauce – /cto

so i understand correctly, in this style of auction every bid goes to you in-full but only the winning bidder gets the NFT, so all bidders will "lose" the $degen that they're bidding?

ah-ha! cool. thank you. makes more sense to me now. glws!