BSKT Marketplace

The ERC-7621 Marketplace operates similarly to an NFT auction platform, allowing any BSKT creator or holder to list their BSKT tokens for sale. Acquiring an ERC-7621 token presents several advantages, as its holder gains both management rights and a revenue stream generated by the monthly management fees. This revenue stream includes management fees and a portion of trading fees if the BSKT LP tokens are actively traded on the AlvaraX.

Each basket listed on the marketplace provides potential buyers with key information, enhancing transparency in the transaction process. The displayed details include Profit/Loss, Decentralized (DAO)/discretionary classification, underlying assets, and the management annual revenue stream.

BSKT owners have the flexibility to set a starting price and reserve when listing their tokens for auction, along with a "buy-it-now" price for immediate purchase. Buyers can utilize the "make-an-offer" button if they wish to propose an offer lower than the specified "buy-it-now" price. Sellers determine the duration of the auction and can include a blurb describing their basket, providing additional information to attract potential buyers. Importantly, all sales on the BSKT Marketplace are final, as settlement occurs on-chain, ensuring transparency and finality in the transaction process.