<aside> 💡 Note: Currently you can only create auctions on Harmony, BSC, Polygon, and Moonriver networks. This guide is created through the use of the Kovan test network for Ethereum.

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Creating Your Own Auction

Step 1: When creating a new auction, you can choose to provide an existing token or mint a brand new token.

If you are minting a new token, you must first decide the name, ticker, and supply of your token. There are three different formats that you can model your token after.

• Fixed - Standard ERC20 token with a fixed supply
• Mintable - Standard ERC20 token with a function allowing further minting at a later date
• Sushi - Similar to mintable tokens but with additional capabilities

Step 2: Select the token that you want to receive payment in. In most cases this will probably either be a stable coin like USDC or the native token of the network you are using.

After that, set a starting and ending date/time for your auction.

<aside> 💡 ETH uses the black hole address 0x0000000000000000000000000000000000000000.

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Step 3: Select the type of auction and enter the price of your token.

• Dutch auction
• Crowdsale
• Batch auction