About Bounce

Bounce is a decentralized auction protocol driven by the need to ease swap tractions and thereby unlock the full potential of open finance. On Bounce, liquidity mining, decentralized governance, and staking mechanisms are incorporated in a seamless formation which accomplishes efficient exchange of tokens and enhanced security. Swapping with Bounce allows assets to be traded in a competitive state in which rare assets that have high demand gain value exponentially and vice versa. A user seeking to swap assets creates a pool with parameters of time the pool should close and how much ETH they will accept for the swap. Bidders can then view the pool and compete to fill the ETH amount requested. Upon elapse of the pre-set time or accumulation of enough ETH, any additional transactions get bounced off. Kain Warwick, the founder, aims at incorporating more options for exchanging tokens in the auction other than the currently accepted ETH.