Lots of securities are put up by the Clone Earth State during issues.
Rules of Trading at the Securities Auction
Any clone of the social status of "craftsman" or higher can participate in the auction.
Lots of 1, 10 or 100 securities are available for purchase. The price for the lot is indicated taking into account the number of securities in it. When you buy a lot, all the securities in the lot are purchased.
Securities are offered for sale in the following proportions (of the total number of issued securities):
- 10% - lots of 100 securities.
- 30% - lots of 10 securities.
- 60% are 1-paper lots.
Dragon Gold securities are offered for sale in the following proportions (of the total number of issued securities):
- 30% - lots of 100 securities.
- 40% - lots of 10 securities.
- 30% - lots of 1 paper.
Trading Period - the period of time in hours and minutes during which the lot is sold.
Lot can be sold indefinitely. However, since the first bid on the purchase, the auction for this item will be completed within the specified time frame.
If any player makes a bid in the last minute of bidding, the bidding period for that lot is extended by one minute.
A step is the amount of money or resources by which the current value of a lot will increase when a player bids to buy it.
The type of rate depends on the type of securities. Bids can be in gold coins or resources (wood, grains, stone or iron), hunting gifts or other game items (e.g. gold and silver eggs, etc.) The next bid will increase the current lot value by a step. To place a bet, you need to have the right amount of gold coins (resources, etc.) You can place a bet using the corresponding button.
It is possible to increase the rate at once by several steps. You can increase your own bet without limitation.
Once you have placed a bet, the bet amount is reserved. It will be finally written off after the purchase of the corresponding lot. If another player outbids you, your previously reserved bet will be returned to you.
If you bought a lot of securities at the end of trading, you will not be able to cancel the transaction. Purchased securities will be available to the buyer within 5-10 minutes after the end of trading.
The difference between the sale price of the lot in gold coins and the face value of the lot in gold coins is transferred to the State budget. Resource value equivalents are not taken into account.
Deductions from the sale of securities by the state
The difference between the sale price of the lot in gold coins and the face value of the lot in gold coins is transferred to the State budget. Resource value equivalents are not taken into account. The state, in turn, pays out of this budget:
- 0.5% - to the charity fund.
- 5% - to the Princely Fund.
- 5% - to the fund "Treasury of settlements".
- 5% to the University's Employee Benefits Fund.
- 5% to the military ranks fund.
- 15% to the Clone Earth Social Fund.