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arcadia/app/includes/ens-general-information.tpl
2017-06-24 01:52:34 -07:00

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<article class="block" ng-hide="hideEnsInfoPanel">
<div class="cont-md">
<h4> What is the process like? </h4>
<h6 ng-click="ensPrep = !ensPrep">
<span ng-show="!ensPrep">+</span><span ng-show="ensPrep">-</span>
1. Preparation
</h6>
<ul ng-show="ensPrep">
<li> Decide which account you wish to own the name & ensure you have multiple backups of that account.</li>
<li> Decide the maximum amount of ETH you are willing to pay for the name (your <u>Bid Amount</u>). Ensure that account has enough to cover your bid + 0.01 ETH for gas.</li>
</ul>
<h6 ng-click="ensAuct = !ensAuct">
<span ng-show="!ensAuct">+</span><span ng-show="ensAuct">-</span>
2. Start an Auction / Place a Bid
</h6>
<ul ng-show="ensAuct">
<li> Bidding period lasts 3 days (72 hours). </li>
<li> You will enter the <u>name</u>, <u>Actual Bid Amount</u>, <u>Bid Mask</u>, which is protected by a <u>Secret Phrase</u>.</li>
<li> This places your bid, but this information is kept secret until you reveal it.</li>
</ul>
<h6 ng-click="ensReveal = !ensReveal">
<span ng-show="!ensReveal">+</span><span ng-show="ensReveal">-</span>
3. Reveal your Bid
</h6>
<ul ng-show="ensReveal">
<li class="strong">If you do not reveal your bid, you will not be refunded.</strong> </li>
<li> Reveal Period lasts 2 days (48 hours). </li>
<li> You will unlock your account, enter the <u>Bid Amount</u>, and the <u>Secret Phrase</u>.</li>
<li>In the event that two parties bid exactly the same amount, the first bid revealed will win.</li>
</ul>
<h6 ng-click="ensFinalize = !ensFinalize">
<span ng-show="!ensFinalize">+</span><span ng-show="ensFinalize">-</span>
4. Finalize the Auction
</h6>
<ul ng-show="ensFinalize">
<li> Once the auction has ended (after 5 days / 120 hours), the winner needs to finalize the auction in order to claim their new name.</li>
<li> The winner will be refunded the difference between their bid and the next-highest bid. If you are the only bidder, you will refunded all but 0.01 ETH. </li>
</ul>
<h6 ng-click="ensMore = !ensMore">
<span ng-show="!ensMore">+</span><span ng-show="ensMore">-</span>
More Information
</h6>
<ul ng-show="ensMore">
<li>The auction for this registrar is a blind auction, and is described in <a href="https://github.com/ethereum/EIPs/issues/162" target="_blank" rel="noopener">EIP162</a>. Basically, no one can see *anything* during the auction.</li>
<li><a href="http://docs.ens.domains/en/latest/userguide.html#registering-a-name-with-the-auction-registrar" target="_blank" rel="noopener">ENS: Read the Docs</a></li>
<li><a href="https://medium.com/the-ethereum-name-service/announcing-the-ethereum-name-service-relaunch-date-4390af6dd9a2" target="_blank" rel="noopener">Announcing the Ethereum Name Service Relaunch Date!</a></li>
</ul>
<hr />
<h6><a href="https://myetherwallet.groovehq.com/knowledge_base/categories/ens" target="_blank" rel="noopener">Help Center: ENS</a>
&nbsp;&middot;&nbsp;
<a href="https://myetherwallet.groovehq.com/knowledge_base/topics/debugging-a-bad-instruction-reveal" target="_blank" rel="noopener">Debugging a [BAD INSTRUCTION] Reveal</a></h6>
<p>Please try the above before relying on support for reveal issues as we are severely backlogged on support tickets. We're so sorry. :( </p>
</div>
</article>