Magic Eden Solana Standard Bidding

Components

Button: Duplicates the selection

Button: Removes the row

Supply: shows the number of NFTs in the collection

Floor: Floor Price of the collection

Volume: Volume of the collection

Default Bid: Minimum bid value that is going to be sent to the selection of assets:

Max Bid: Maximum bid value that is going to be sent to the selection of assets:

F.P: Adjusts the value to the Floor Price

F.P /2: Adjusts the value to the half of the Floor Price

Apply All: Apply the values to the all fields for the same collections.

Competitive: Outbids competitors according to your min and max value. Example: In a situation where your min bid is 0.0465 and your max bid is 0.0930 Sol, if the NFT you are sending bids have a current offer of 0.053 as the highest current bid, the system is going to place a bid of 0.05301 to outbid your opponent. Keep in mind that Max bid input field will only become visible if the Competitive is toggled on.

Loop: Makes the thread start over once the bids are sent.

Listed Only : You can send bids to only listed NFTs as default. With this toggle you can send bids to all nfts in that collection, if you bid on unlisted nfts, your bid becomes active when that nfts listed and you have the required balance.

Expire Time: Input field for setting expiry of the bids, can be in minutes or hours. For competitive collections, the best practise is setting short expiry times since you are either going to be looping or counter-bidding on the collection. Minimum expire time is 1 minute.

Select Traits: Pop-up screen for selecting particular traits to place bids on