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Dot Ca Auction > Auction Procedures
- How does the auction determine the current and increment bids?
The following rules are observed when calculating the current and increment bids:
A) Current Bid:
1) Initially, it is the higher of $50 or the minimum end of the reserve range under which the domain is listed.
2) Then it is the second largest proxy hidden bid
B) Increment Bid:
1) If current bid is less than $250, the increment bid is $10
2) If current bid is between $251 and $500, the increment bid is $25
3) If current bid is between $501 and $999, the increment bid is $50.
4) If current bid is above $1001, the increment bid is fixed at $100.
5) If bid increment results in a value higher than highest private maximum proxy bid, then the bid increment becomes the difference between the current bid and the maximum hidden proxy bid.
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