Questions people ask before they bid.

Buyers send in bids that nobody can read, for a fixed window. When it closes, one price is found and everyone who wins pays it. There is no price moving while people buy, so there is nothing to race for.

Sniping works by being first and by seeing what others do. Here the order you arrive in does not matter, and no amount is visible until the close. A bot can still bid, but it gets the same price as everyone else.

No. Bids are encrypted so only the enclave can read them. The creator sees the number of bids, like everyone else, and the result after the close.

The clearing price for the tokens you win, not your own limit. If you offered $0.05 and the price clears at $0.03, you pay $0.03. Whatever you locked beyond that comes back.

You get everything back. A bid below the clearing price wins nothing and is refunded in full.

A pot of funds you lock for your bid, at most what you could owe. It sits in its own account and needs no gas. You can withdraw it before the close, which cancels your bid.

That is what the verify page is for. The auction runs in an enclave whose code is public, and it signs what it did. Anyone can recompute the hashes, re-run the rule on the bids and check the transfers.

A locked box inside a processor. Code runs in it and the machine's owner cannot look inside or change it. Its hardware can sign a statement about exactly which code ran.

No. It removes the timing and visibility advantage, not the wealth advantage. A cap per account helps a little, but one person with many wallets looks like many people.

Not yet. Every launch, bid and result on this site is demo data. The interface shows how the real flow will work.

No. Nothing here promises a price, liquidity or a return. Token launches can be regulated where you live.