> For the complete documentation index, see [llms.txt](https://whitepaper.ommniverse.ai/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitepaper.ommniverse.ai/security/buyout-auction.md).

# Buyout (Auction)

When all of the reserved shares have been sold, NFT will launch the auction with a base price increase of 30%. The auction will extend for 15 days, at the end of which the highest bidder will be crowned the winner. Every offer must be at least 10% higher than the previous one. The NFT will be removed following the auction, and buyers can then swap their tokens for ETH.