Winning a lot and paying for it

The high bid at close wins, and settles in $RETCG. Half of what is paid is burned and half goes into the pool.

1. 01

   The clock runs out

   Highest signed bid at close takes the lot. There is no extension, no soft close and no reserve beyond the opening price.

2. 02

   Send the tokens

   Settlement is not automatic yet. There is no published address to send to, and the site says so plainly rather than showing a box that does nothing. Winners are contacted directly until it is wired.

   Nothing is owed while there is nowhere to pay. Do not send tokens to any address given to you in a message.

3. 03

   What happens to it

   50% of the $RETCG received is burned and 50% goes into the liquidity pool. Both halves land on chain, which is the only reason it is worth stating — don't take our word for it, go and look at the transactions.

   Neither half goes to the operator.

Auctions are the only thing the token does. Nothing else is claimed for it, and nothing here is an investment.