Decentralized auction protocol
Bounce.Finance is a relatively new project launched and founded (one of them) by the CEO of Ankr, Chandler Song. Even if it’s recently released, it has gained good traffic and was able to launch two auctions after its launch, getting over 86K ETH in trade volume. With the hype of DeFi in 2020, Bounce.Finance is one of the projects that provides a unique form of DeFi platform, instead of following other projects with its usual lending pools.
Bounce.Finance provides its user the ability to swap their ETH with the tokens being auctioned in several ways, such as fixed-ratio swap and dynamic ratio swap. With these features, Bounce.Finance has become one of the popular DeFi platforms even though it is relatively a new project.