ARCYPH
SEALED BID AUCTIONS

Bid Without
Revealing Your Hand

Commit-reveal auctions prevent sniping and front-running. Bid your maximum — nobody sees your offer until reveal phase.

HOW IT WORKS
1
COMMIT PHASE

Duration: 24 hours

Submit your bid as a hash commitment. Your bid amount stays hidden from other bidders.

SHA256(amount + salt)

No sniping possible — all bids locked in.

2
REVEAL PHASE

Duration: 6 hours

Reveal your actual bid amount. Contract verifies it matches your commitment.

All bidders reveal simultaneously — no information leakage.

3
SETTLEMENT

Automatic

Highest bidder wins and pays their bid. NFT transferred automatically.

Losers get instant refunds. Creator royalties enforced.

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