By Nasida - 08.03.2020
Digitex api github
The auction lasts no more than 30 days. Public can participate in auction by sending ETH to the auction contract.
Auction is finished when amount digitex api github USD received sum of all bids is equal to the current valuation digitex api github the tokens offered that is current auction token click digitex api github by total amount of tokens offered.
Digitex api github the auction is finished digitex api github can claim tokens according to the final auction price and the size of digitex api github bid. Each buyer receives the portion of all tokens offered proportional to their bid calculated in USD at the moment the ether is received as described above.
This way each buyer receives tokens according to the final price at the moment of the end digitex api github auction.
Each buyer is guaranteed to receive tokens at a price no higher than the price at which they bid.
Bids can only be sent from external ethereum addresses not contracts. Digitex api github that at the end of auction the market price of ETH collected digitex api github and will be different from the sum of all bids that is used in calculating the final auction price.
Implementing the distribution of assets When a buyer digitex api github transactions with or without ETH to the contract after the auction is finished, the contract will refund tokens to the buyer according to the final digitex api github price.
ETH collected in bids is sent to the address es provided by the owner immediately. After the auction is over the owner can trigger the digitex api github that sends tokens to buyers.
digitex api github
This will be done in portions digitex api github avoid out-of-gas and ERC compatibility issues. Auction finalization Digitex api github auction can be finished in several ways: After a particular buyer sends ETH the target sum is collected.
If the buyer sends more than needed to reach target sum, their this web page Digitex api github is refunded.
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