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An entrypoint that setups a minimum bid that will be used to check user's first bid in time of auction launch.
const auctionAddress = "KT1...";
const minBid = 100;
const auction = await tezos.contract.at(auctionAddress);
const operation = await auction.methods.set_min_bid(minBid).send();
senderof the transaction is not current administrator.
412- non payable entrypoint (can't accept TEZ tokens during call of an entrypoint).