ΛUCTION SHARES

an alternative to placing bids
Buying shares (ie. "portions" of an ongoing Auction) allows you to get an auction item (or service) for far less than its actual value - by pooling your shares with others.

When the total combined shares (ie. "All Shares" in the screenshot; of all members, for that Auction) reaches the BuyNow Goal (in bids) - the member with the most shares "wins" (ie receives the item) next. The BuyNow resets and the Auction starts again.
(1) Shares themselves don’t roll-over into new cycles of the Auction, but they do count towards your overall "shares" (ie. My Shares). (2) If you and another member both have the Top Share (in the same amount), but they have 1 (or more) active bids in the current cycle, then they’ll be awarded the next Auction. (3) Shares that didn’t result in a won Auction increase your Cash Advance approval rate.


Auction Shares
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