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What Happens When the Auction Ends?

At least 10 bids and a bid pool worth $100 or more are required for the auction to end successfully.

  • All bids will receive the amount of StaX they are worth.
  • Bids not worth any StaX will be reversed and the funds returned to the bidders’ wallets.
  • The remainder of the StaX that was not sold on auction will now be available on the secondary market for users to buy and trade with.
  • You will be able to sell and trade with the StaX that you obtained during the auction. T
  • rading will take place in the secondary market under TheXchange screen/page in your app. By selecting TheXchange, you will enter the marketplace, or secondary market, where you can trade with the StaX you own by selling it to other Buyers on the App, or buy more StaX on offer.

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