Messages

Bidding

Users can bid on auctions using the MsgPlaceBid message type. All auction types can be bid on using the same message type.

// MsgPlaceBid is the message type used to place a bid on any type of auction.
type MsgPlaceBid struct {
	AuctionID uint64
	Bidder    sdk.AccAddress
	Bid       sdk.Coin
	Lot       sdk.Coin
}

State Modifications:

Update bidder if different than previous bidder
For Surplus auctions:
- Update Bid Amount
- Return bid coins to previous bidder
- Burn coins equal to the increment in the bid (CurrentBid - PreviousBid)
For Debt auctions:
- Update lot amount
- Return bid coins to previous bidder
For Collateral auctions:
- Return bid coins to previous bidder
- If in forward phase:
  - Update bid amount
- If in reverse phase:
  - Update lot amount
Extend auction by BidDuration, or MaxEndTime

889 B Raw Blame History

Messages

Bidding

889 B

Raw Blame History