The first fully privatized on-chain Auction House introducing new ways to generate liquidity for web3 assets | Backed by Kucoin and Republic Capital. BIDSHOP has created an unprecedented encryption method to privatize values on any EVM.
By coupling the Polygon network with the Secret network’s privacy protocols, BIDSHOP is able to harness the liquidity from EVM chains, while encrypting bids using Secret’s customizable contracts.
BIDSHOP tokenomics: Inspired by Solidly ve(3,3) and LooksRare revenue share BIDSHOP is proud to introduce the first ve(3,3) model with arbitrage integrated into the platform. The $BIDS token is what's enables users to participate in this mechanism, either by staking LP $BIDS/WETH or by directly staking $BIDS.