Batch Auction
By CoinGecko | Updated on Sep 01, 2021
A Batch Auction distributes an amount of tokens to users that is proportional to their contribution to the pool. The token price is then determined based on the total amount raised at the end of the auction.
Related Terms
Block Height
A number that is used to indicated the position of a particular block within a blockchain
Liquidity
The ease of which cryptocurrency can be bought and sold without impacting the overall market price.
Stale Block
Double mined blocks that are not included in the blockchain.
EIP (Ethereum Improvement Proposal)
Refers to improvement proposals for Ethereum, used to introduce features or any updates on the Ethereum network.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.