The **Bounce token**, recognized as **AUCTION**, serves as the cornerstone of the Bounce Finance cryptocurrency environment. Its role is pivotal for both the functionality of the decentralized auction protocol and the governance of the platform. Possession of a single AUCTION token bestows one vote in the governance process, implying that an increased holding of AUCTION amplifies a participant’s voting power and sway over decision-making. The AUCTION token is designed to enhance “utility provision and value realization,” integrating elements of game theory with economic incentives to bolster both the platform’s adoption and its overall utility.
