Collection Offers - Selection

This section will cover the details of the collection bidding.

use the search bar to add any NFT collection:

If the collection has enabled trait offers, the below menu will pop up as soon any collection is chosen from the list, in the example below Otherdeed is chosen from the list:

After it is chosen from the list the trait selection popup will be visible as shown below:

In the trait selection popup you can choose up to 200 traits and each trait will be able to be selected. In the example below "Sediment" trait is clicked and all the traits became available to be chosen.

The system automatically shows the cheapest floor price of the trait between Blur and Opensea, meaning that if the cheapest NFT which has Environment: Chaos is listed for 110 ETH on Opensea and 98.8 ETH on Blur, the visible price here will show 98.9 ETH.

You can chose multiple traits in the popup menu, once it is complete, click on "Done" button. The system will automatically lay out each selected trait to a single thread:

On the left side general information about the trait is provided:

Also if you hover over your mouse over the "?" symbol, you will see additional information about the collection:

In the below screenshot you can see all the thread settings. Each line is called a thread:

Default Bid: Miminum bid amount the system will send.

Max Bid: Maximum bid amount the system will send

In the below case the default bid is set to 100% of the floor price and the maximum amount is set to 1.35 ETH

This means if there is no other bids the system will send the bids on the collection floor price and it will be competitive up to 1.35, however, if the bids reach to 1.35 the system will not go over this value.

Example: You are the only bidder on this trait and the collection has a floor price of 1 ETH. The system will send a bid of 1 ETH as a collection trait offer. Then someone else joins to the competition and sends a bid of 1.2 ETH. Now the system will outbid your competitor in the next loop with a new CTO of 1.20001 ETH. Then there is another person who bids 1.365 ETH, in this case since 1.365 ETH is above your max price the system will outbid it and it will react according to your Skip setting (See previous section Skip Setting for details of Skip)

You can switch between a fixed value or % in the selection shown below. If % is selected, the values will update according to the fluctuations in the floor price.

Trait column shows the selected trait, you can only edit this field while you are not actively bidding:

Status column if the current highest CTO on the trait is above your max value. In the below example the max value is 1.35 ETH, however, current highest offer is 1.3776 ETH. Since it is above my max value the system will not outbid it anymore. Now it is up to my judgment to either increase my max value or keep it like this:

Stop Value: Collection stops bidding on this trait if the collection floor reaches a certain minimum or maximum value.

Stop Value: Trait stops bidding on this trait if the floor price of the trait reaches a certain minimum or maximum value.

Stop values and % change is dependent on what OS API reports, if the API is lagging or reports a wrong value for the floor, your values will change. You have to toggle this option on with understanding the risks.

Expire Time: The time interval length your bids are sent for