Messages
In this section we describe the processing of the auction messages and the corresponding updates to the state.
Msg/Bid
An auction basket from a given round is bid upon by using the Msg/Bid
service message.
This service message is expected to fail if:
Round
does not equal the current auction roundBidAmount
does not exceed the previous highest bid amount by at leastmin_next_increment_rate
percent.
This service message transfers the BidAmount
of INJ from the Sender
to the auction module, stores the bid, and refunds the last bidder's bid amount.
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