🔵Smart Contract Automation

Upction operates entirely on smart contracts, removing the need for centralized management. Each aspect of the auction process, from token deployment to final bid calculation and fund allocation, is managed through Ethereum-based smart contracts. This automation ensures that all actions, such as participant bids, fund management, and token distribution, are executed reliably and without human intervention. Post-auction, the system automatically locks both tokens and funds into a Uniswap liquidity pool, providing decentralized security and preventing any manual control over assets. This contract-driven structure enhances security, reduces operational risk, and upholds the transparency critical to the platform’s integrity.