Max Bid

Indicates the highest value you are willing to send as your maximum bid.

You can either used a fixed or dynamic value for this field. For switching between fixed and dynamic value click on the arrow sign next to the input field.

If dynamic option is chosen, your max bid value will increase/decrease in percentage wise as the floor of the collection changes.

Seller sees value is the amounth the person who is accepting the bid will be seeing, however, keep in mind that, as you are sending your bids with fees and forced royalties included, the bid value will be higher than the seller sees value depending on your inputs. As you see in the example above, our max bid is 5.18 while the value seller sees is 5.108.

Why is the Max Bid set to 106% instead of 100%?

Explanation:

You are setting the % on floor price value which is before the royalties & fees, however, the bid you send includes the royalties and fees. Therefore, most of the time bids are higher than the floor price and lower base floor price.

In the real example below, I am bidding higher than the the floor price before royalties:

But when the toggle is switched on prices after royalties, my bid lower than the floor.

Seeing the details of your bid on Tensor:

You can see the details of your bid in under the Orders & Bids tab

In this tab, independent of your optional royalty selection, you will always be seeing the seller sees value with optional royalties included in:

However, if your optional royalty setting is set to "None", the value you would be actually sending as your max bid will be equal to the value on the Bids page with After Fees option is toggled on as you will be paying the fees but not the royalties (in the below case the royalties are optional in the collection):