The AUCTION token is a central element of the Bounce Brand ecosystem, serving several critically important functions.

Utility of the AUCTION Token:

  1. Governance: AUCTION token holders have voting rights in the Bounce Brand decentralized autonomous organization (DAO). This allows them to participate in making key decisions regarding the platform's development, such as:

    • Changes to the protocol and new features.

    • Setting auction fees.

    • Allocation of funds from the treasury.

    • Adding new types of auctions or supporting new blockchains.

  2. Staking: Users can stake their AUCTION tokens to earn passive income. Income can be generated from fees charged by the Bounce Brand platform or other rewards. Staking may also provide additional privileges such as premium account rights or access to exclusive features.

  3. Payment of Fees and Certified Listings: AUCTION is used to pay certain fees within the Bounce Brand ecosystem. For example, for creating "certified" auction listings, which can enhance visibility and trust.

  4. Incentivizing the Ecosystem: The AUCTION token is used to incentivize participation on the platform, including liquidity mining and rewards for active users and participants.

Distribution and Supply of AUCTION Token:

  • Maximum Supply: The total maximum supply of AUCTION tokens is capped at 10,000,000 (10 million) tokens.

  • Circulating Supply: As of July 16, 2025, the circulating supply is approximately 6.59 - 7.64 million AUCTION, although these figures may fluctuate.

  • Distribution: Historically, AUCTION tokens have been distributed across the following main categories:

    • Liquidity Mining: A significant portion has been allocated to incentivize liquidity and participation.

    • Team: For the development team and founders.

    • Ecosystem Fund: To support the development and growth of the platform.

    • Investors: For strategic partners and early investors.

The AUCTION tokenomics aims to create a sustainable and self-sufficient economy where token holders are directly invested in the success and growth of the Bounce Brand platform.

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