Bid Price/Margin

Has three different types of input(s) depending on your Offer Method:

  • Set Price (Set bidding): The set amount of ETH to send as offer

  • Min/Max Price (Outbid bidding): Set a minimum and maximum amount of ETH to send as offer. The bot will:

    • Skip if the best offer is higher than the maximum price

    • Bid the minimum price if there are no offers or the best offer is below the minimum price

    • Outbid the best offer (with outbid amount) if it's within the minimum and maximum range

    • Skip if the best offer is already made by you.

  • Min/Max Margins (Margin bidding for collection offers): Set a minimum and maximum margin.

    • Formula for determining the max bid using the max margin:

      • Max Bid = Floor Price * (1 - Max Margin - Collection Fees)

      • Example: * (1 - - ) =

    • Formula for determining the min bid using the min margin:

      • Min Bid = Floor Price * Min Margin Percentage

      • Example: * =

    • Recommended Settings:

      • Min Bid Percentage = 30%

      • Max Margin Percentage = 15%

    • The bot uses above formulas to determine min and max bid prices, and bids using the same methods as the "Min/Max Price" method

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