GBM Auction Simulator

This decides how much bidders earn when outbid.
Bidders make between 0.5% and 5% return on their bid when outbid, based on how much bigger their bid is than the previous bid.
Every bid must be at least 5% higher than the previous bid.
This is the currency of the auction.
Summary

Winning bid: 0
Distributed to bidders: 0
Proceeds before fees: 0
Seller cancellation fee: 0