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acceptBid

This method gives the auction operator the ability to manually approve bids that deviate from the floor price, enhancing the auction's flexibility and responsiveness to market dynamics. It provides an additional layer of control over the auction process.

Transaction example

closeAuction

This method serves a dual purpose, allowing the closure of an auction before its start (accessible only to the auction operator) and the collection of tokens and funds from the contract after its completion, catering to both bidders and the operator.

Transaction Example

a. Visible 2 transactions, the first is the treasury address but the second is the Operator address

b. Token Transfered FROM: Address from where the money was sent

c. Token Transferred To: Address where the money is sent

d. Token Transferred For: The amount of money that was sent

e. Token Transferred: the currency

f. Token Transfered FROM: Address from where the token was sent

g. Token Transferred To: Address where the Token is sent

h. Token Transferred: ERC-1155 standard of the token

i. Token Transferred: Amount of tokens

j. Token Transferred: Token ID [number of the token ID]

k. Token Transferred: Token Contract Address

Transaction Example

a.Visible 3 transactions, there are 3 levels of Referrals

b. Token Transfered FROM: Address from where the money was sent

c. Token Transferred To: Address where the money is sent

d. Token Transferred For: The amount of money that was sent

e. Token Transferred: the currency

f. Token Transfered FROM: Address from where the token was sent

g. Token Transferred To: Address where the Token is sent

h. Token Transferred: ERC-1155 standard of the token

i. Token Transferred: Amount of tokens

j. Token Transferred: Token ID [number of the token ID]

k. Token Transferred: Token Contract Address

Transaction Example

a. Token Transfered FROM: Address from where the money was sent

b. Token Transferred To: Address where the money is sent

c. Token Transferred For: The amount of money that was sent

d. Token Transferred: the currency

createAuction

This method is responsible for creating a bidding auction. To use this functionality, you must possess the tokens you want to sell or have created. The auction is characterized by setting a minimum price (floor price) that you wish to receive for the specific token. If no one attempts to bid higher than the floor price, the operator will have the option to consider an offer that falls below the floor price and decide whether to accept it for token sale or ignore it and retrieve the token back.

Transaction Example

a. Token Transfered FROM: Address from where the token was sent

b. Token Transferred To: Address where the Token is sent

c. Token Transferred: ERC-1155 standard of the token

d. Token Transferred: Amount of tokens

e. Token Transferred: Token ID [number of the token ID]

f. Token Transferred: Token Contract Address

onERC1155BatchReceived

The onERC1155BatchReceived is a standard function within the ERC-1155 interface in the Solidity environment, similar to onERC1155Received. However, it is used to handle the batch (multiple) receipt of tokens by a contract. When an address receives a batch of tokens (either NFTs or MFTs) on its contract, if that contract includes the onERC1155BatchReceived method, it is automatically invoked. This allows the contract to respond to the receipt of multiple tokens in a single transaction and execute appropriate actions.

The onERC1155Received function returns a special four-byte code (bytes4), which serves as a confirmation that the contract successfully received the tokens. In summary, onERC1155BatchReceived allows a contract to react to the receipt of a batch of ERC-1155 tokens and execute specific actions in response to this batch event.

onERC1155Recevied

The onERC1155Received function is a standard function within the ERC-1155 interface in the Solidity environment, concerning non-fungible tokens (NFTs) or multi-fungible tokens (MFTs). This function is designed to handle the receipt of tokens by a contract. When an address receives tokens (either NFTs or MFTs) on its contract, if that contract includes the onERC1155Received function, it is automatically invoked. This allows the contract to respond to the receipt of new tokens and execute appropriate actions.

The onERC1155Received function returns a special four-byte code (bytes4), which serves as a confirmation that the contract successfully received the tokens. In summary, onERC1155Received enables a contract to react to the receipt of ERC-1155 tokens and trigger specific actions in response to this event.

placeBid

The placeBid method allows users to participate in an auction by placing a bid. Users can also use this method to increase their current bid amount or the quantity of tokens they are bidding.

Transaction Example

a. Token Transfered FROM: Address from where the money was sent

b. Token Transferred To: Address where the money is sent

c. Token Transferred For: The amount of money that was sent

d. Token Transferred: the currency

removeBid

The removeBid method is responsible for removing a bid placed in an auction. This method allows users to withdraw their bids from an auction in which they are participating. This can be helpful if a user wants to cancel their participation or for mistake bids a higher price. After removing a bid, users can place a new bid if they wish.

renounceOwnership

  • This method allows the contract's owner to renounce their ownership. This method is accessible only to the contract's owner.

  • This function enables the current owner to renounce ownership of the contract. Once this method is called, the owner will lose their privileges to manage the contract, and any methods that require owner permissions will no longer be accessible.

setAddresses

The setAddresses method is exclusively accessible to the contract owner. It empowers the owner to establish new addresses for the BUSD (Binance USD), Treasury Referral, and Royalty contracts.

setFinalizationBlockDelay

The setFinalizationBlockDelay method is exclusively accessible to the contract owner. It empowers the owner to define the time window within which the auction operator can accept bids.

setTreasuryFee

This method is used to set the transaction fee in the contract. It is accessible only to the contract's owner.

transferOwnership

The method is available only to the current owner of the contract and allows changing the ownership of the contract

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