# Land Auction - 12 March

## About Land

{% content-ref url="/pages/F0fLy79wibld0XnvGsha" %}
[Land Intro](/land/land-intro.md)
{% endcontent-ref %}

## Auction Information:

Website: <https://auction.sss.game>

Start time: Block 719292 (<https://blastscan.io/block/countdown/719292>)&#x20;

Network: Blast

Buy with: Any wallet, land is a transferrable NFT

### Troubleshooting:

We recommend using desktop setup for this.&#x20;

If you face any trouble with page loading, please clear the browser’s cache:

1. Press F12 key (or Right click to the page, then select Inspect)
2. Select Application tab
3. Select Local storage and right click to the item “<https://auction.sss.game>”
4. Select clear from the menu
5. Refresh the page

<figure><img src="/files/QYQVWWXc3H73a5SA6780" alt=""><figcaption></figcaption></figure>

### Auction Process:

The price starts high and drops by a fixed amount every 1 hour until it reaches the floor price.

All bidders will receive land at the floor price, regardless of when the bid is placed.&#x20;

### Price

The Auction starts at 3.33 ETH.&#x20;

Every 1 hour, the price drops by a fixed amount of 0.03 ETH.

The auction continues until all 500 Land has been sold.&#x20;

### Price Example

| Round | Price (ETH) | Time  |
| ----- | ----------- | ----- |
| 1     | 3.33        | 8 AM  |
| 2     | 3.30        | 9 AM  |
| 3     | 3.27        | 10 AM |

### Bidding

Multiple bids can be submitted in each round, and over different rounds without limitations.&#x20;

### Bidding Example&#x20;

Example Account bid in round 1,5 and 12, and expects to receive 6 Land.&#x20;

<table><thead><tr><th width="106">Round</th><th width="195">Current Price (ETH)</th><th>Bid Amount (ETH)</th><th width="182">Expected (Land)</th></tr></thead><tbody><tr><td>1</td><td>3.33</td><td>6.66</td><td>2</td></tr><tr><td>5</td><td>3.21</td><td>3.21</td><td>1</td></tr><tr><td>12</td><td>3</td><td>9</td><td>3</td></tr></tbody></table>

### Bidding Example (cont.)

Finally, the auction end in Round 42, at 2.1 ETH.&#x20;

* The Example Account contributed a total of 18.87 ETH
* The Example Account receives 8 Land
* The Example Account gets 2.07 ETH as refund.&#x20;

### Refund

The refund is calculated based on the floor price. The refund amount should be less than the floor price, with some exceptions.&#x20;

### Price Formula

The price is determined by the following formula: \
\
Price = startPrice - (blockNumber - startBlock) / blockDelta \* stepPrice, if price < floor price --> price = floor price\
&#x20;

Floor price = 0.01 ETH\
Start Price  = 3.3 ETH\
stepPrice = 0.03 ETH\
blockDelta = 1800


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.sss.game/archives/land-auction-12-march.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.