Quipuswap
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    • What is QuipuSwap?
    • Participants
    • QuipuSwap subprojects
      • QuipuSwap Farms
      • Quipuswap Stable DEX
      • Token to Token Swaps
      • Governance (text-only)
  • Get Started
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    • Types of the exchange (Token/TEZ, Token/Token)
    • How to use the DEX
      • Trade
      • How to add liquidity to an existing liquidity pool
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      • How to remove liquidity
      • How to vote for a baker
      • How to ban/veto a baker
  • Tezos Tokens
    • What is a Token?
    • What is the difference between FA1.2 and FA2 standards?
    • QUIPU Tokenomics
  • Smart Contracts
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    • QuipuSwap stable swap DEX
      • 🛠️Developer module
        • 📄Storage & action types
        • 🔵Developer setter entrypoints
          • set_dev_address
          • set_dev_fee
      • 🏠Standalone DEX
        • 📄Storage and types overview
        • 🟡Initialization
          • set_admin_function
          • set_dev_function
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          • add_pool
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          • invest
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            • divest
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          • claim_developer
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          • add_rem_managers
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      • 🏭Factory
        • 📄Storage and types overview
        • 🟡Initial setup
          • set_init_function
          • set_dev_function
          • DEX compiled codebase setup
            • set_admin_function
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            • set_token_function
        • 🟠Initialize new DEX flow
          • add_pool
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        • 💱Deployed from factory DEX
          • 📄Storage and types overview
          • 🟡Initialization
            • copy_dex_function
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        • 🛑Developer methods
          • claim_rewards
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            • 🟢Factory params
              • set_burn_rate
              • set_price
              • set_whitelist
            • 🔵Dev module entrypoints
    • Dex 2.0
      • ⁉️Errors overview
      • 🥐BakerRegistry contract
        • Storage and types overview
        • Entrypoints overview
          • validate
          • register
      • ⚙️FlashSwapsProxy contract
        • Storage and types overview
        • Entrypoints overview
          • default
      • 🧺Bucket contract
        • Storage and types overview
        • Entrypoints overview
          • fill
          • pour_out
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          • withdraw_rewards
          • ban_baker
          • vote
          • default
        • On-chain views overview
          • is_banned_baker
          • get_tez_balance
          • get_user_candidate
      • ⚖️Auction contract
        • Storage and types overview
        • Entrypoints overview
          • Auction entrypoints
            • receive_fee
            • launch_auction
            • place_bid
            • claim
          • Admin entrypoints
            • set_admin
            • confirm_admin
            • set_baker
            • set_fees
            • set_auction_duration
            • set_min_bid
            • update_whitelist
            • withdraw_dev_fee
            • withdraw_public_fee
            • burn_bid_fee
      • 🏦DexCore contract
        • Storage and types overview
        • Entrypoints overview
          • DEX entrypoints
            • launch_exchange
            • invest_liquidity
            • divest_liquidity
            • swap
            • withdraw_profit
            • claim_interface_fee
            • claim_interface_tez_fee
            • withdraw_auction_fee
            • vote
          • Admin entrypoints
            • set_admin
            • confirm_admin
            • set_flash_swaps_proxy
            • set_auction
            • add_managers
            • set_fees
            • set_collecting_period
            • update_token_metadata
            • ban
          • Permits' entrypoints
            • permit
            • set_expiry
          • FA2 entrypoints
            • transfer
            • update_operators
            • balance_of
          • Callbacks
            • launch_callback
            • flash_swap_callback
            • close
        • On-chain views overview
          • check_is_banned_baker
          • get_reserves
          • get_total_supply
          • get_swap_min_res
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          • get_cumulative_prices
          • get_collecting_period
    • Trusted contracts
    • Farming
      • Referral system overview
      • Fees overview
      • Rewards precision overview
      • BakerRegistry contract
        • Storage and types overview
        • Entrypoints overview
          • validate
          • register
      • Burner contract
        • Storage and types overview
        • Entrypoints overview
          • default
          • burn_callback
      • ProxyMinter contract
        • Storage and types overview
        • Entrypoints overview
          • Admin entrypoints
            • add_minter
            • withdraw_tokens
            • set_admin
            • confirm_admin
          • Minter entrypoint
            • mint_tokens
      • QFarm contract
        • Storage and types overview
        • Entrypoints overview
          • Farming entrypoints
            • deposit
            • withdraw
            • harvest
          • FA2 entrypoints
            • transfer
            • update_operators
            • balance_of
          • Admin entrypoints
            • set_admin
            • confirm_admin
            • set_fees
            • set_reward_per_second
            • set_burner
            • set_proxy_minter
            • set_baker_registry
            • set_is_v1_lp
            • ban_bakers
            • add_new_farm
            • pause_farms
            • burn_tez_rewards
            • withdraw_farm_depo
            • update_token_metadata
          • Other entrypoints
            • burn_farm_rewards
            • default
      • TFarm contract
        • Storage and types overview
        • Entrypoints overview
          • Farming entrypoints
            • deposit
            • withdraw
            • harvest
          • FA2 entrypoints
            • transfer
            • update_operators
            • balance_of
          • Admin entrypoints
            • set_admin
            • confirm_admin
            • set_fees
            • set_reward_per_second
            • set_burner
            • set_baker_registry
            • set_is_v1_lp
            • ban_bakers
            • add_new_farm
            • pause_farms
            • burn_tez_rewards
            • claim_farm_rewards
            • withdraw_farm_depo
            • update_token_metadata
          • Other entrypoints
            • default
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On this page
  • Call parameters
  • Usage
  • Errors
  1. Smart Contracts
  2. Dex 2.0
  3. Auction contract
  4. Entrypoints overview
  5. Auction entrypoints

launch_auction

Previousreceive_feeNextplace_bid

Last updated 3 years ago

An entrypoint that allows anyone to launch an auction for any NON whitelisted token.

You need to add the contract as the operator for your QUIPU tokens to make a first bet.

Call parameters

type tez_t              is unit

type fa12_token_t       is address

type fa2_token_t        is [@layout:comb] record [
  token                   : address;
  id                      : nat;
]

type token_t            is
| Tez                     of tez_t
| Fa12                    of fa12_token_t
| Fa2                     of fa2_token_t

type launch_auction_t   is [@layout:comb] record [
  token                   : token_t;
  amt                     : nat;
  bid                     : nat;
]
Field
Type
Description

token

token_t

FA1.2/FA2/TEZ token

amt

nat

Number of tokens for an auction

bid

nat

First bet on auctions' tokens

Usage

const auctionAddress = "KT1...";
const params = {
    token: {
        token: "KT1...",
        id: 0,
    },
    amt: 100,
    bid: 10,
};
const auction = await tezos.contract.at(auctionAddress);
const operation = await dexCore.methodsObject.launch_auction(params).send();

await operation.confirmation();

Errors

  • 305 - token for auction is whitelisted. It is not possible to start an auction with whitelisted tokens.

  • 308 - user's bid is less than minimum bid for an auction launch or less that previous bid.

  • 412 - non payable entrypoint (can't accept TEZ tokens during call of an entrypoint).

307 - contract have insufficient balance of tokens for a new auction launch.

FA2_NOT_OPERATOR - contract is not an operator for users' QUIPU tokens.

⚖️
Auction
Auction
Auction