# Monad Bidding

Features

* [x] Trait Bidding, Collection Bidding, Token Bidding, Manual Token Bidding
* [x] Looping & Outbidding competition
* [x] [Instant Counter bidding](/nft-butler/features/instant-counter-bidding.md)
* [x] Relativ Bidding to floor price or fixed WMON bidding
* [x] Collection & Trait floor price protection
* [x] Up to 9000 bids / hour using all 6 Token Task slots
* [x] [Security Features](/nft-butler/setup/security-features.md)
* [x] [Auto Listing ](/nft-butler/features/bidding-and-autolisting.md)config on Bidding Task
* [x] [Auto Listing Engine](/nft-butler/features/auto-listing-engine.md)

<figure><img src="/files/pEREMHysWSex7W5fGi5L" alt=""><figcaption><p>Creating a Token Bidding Task for Skrumpeys on Monad</p></figcaption></figure>

## Requirements for Monad Bidding

{% hint style="info" %}
In order to create and run Monad Bidding task each User will need the Butler Basic Access ([Subscription or Lifetime NFT](/nft-butler/nft-butler/getting-started/get-access.md)) as well as the [PRO Access](/nft-butler/products-and-services/pro-access.md) on top.

Further you're wallet needs to hold [WMON](#convert-eth-to-mon-wmon) on Monad Chain.
{% endhint %}

## How does Monad Bidding work?

Bidding on Monad Collections via OpenSea is pretty much the same as Bidding on Ethereum Collection. However there are still a few points to note which will also very likely change soon:

* Wallets overview will not show Ronin MON / WMON balances.
* Bidding tasks cannot check how much funds are available in your bidding wallet. Therefore it will always try to bid up to your max bid price. Bids will fail if bidding funds are insufficient.
* Approvals for Listing automation have to be done manually on each Collection first. Otherwise Auto Listing tasks will fail to send listing orders.

All other Features are supported same as on Ethereum Collections:

* Adding collections to Search engine
* Instant Counter Bidding
* Collection Trait Offer Tasks
* Token bidding Tasks / Manual bidding tasks
* Performance Overview / Flips / Notifications and Inventory
* [Security Features](/nft-butler/setup/security-features.md)
* [Auto Listing ](/nft-butler/features/bidding-and-autolisting.md)config on Bidding Task
* [Auto Listing Engine](/nft-butler/features/auto-listing-engine.md)

## Convert ETH to MON / WMON

In order to be able to bid with WRON on Ronin, you'll have to birdge some of your ETH to the Ronin Chain first.

* The simplest way to bridge tokens between ETH mainnet and Ronin is through OS2 directly:\
  <https://opensea.io/token/monad/0x0000000000000000000000000000000000000000>

<figure><img src="/files/KvP6eClTO9JzliSKh8Io" alt=""><figcaption><p>Swapping ETH to MON</p></figcaption></figure>

{% hint style="info" %}
Swapping from ETH Mainnet to Monad can take a few minutes until you're actually receive your new MON / WMON coins.

You'll have to end up with WRON (Wrapped MON Tokens) for bidding. You can use OpenSea to swap tokens between MON and WMON.
{% endhint %}

* After briding your funds from Ethereum mainnet to Ronin, you'll also have to perform a **manual bid on OpenSea**. Otherwise tasks with Butler will fail due to missing WRON approvals.

{% hint style="info" %}
Butler will **not show your MON / WMON Balance** on the Dashboard or Wallets Overview.

Also Tasks will not be able to check in advance how much WMON is available in your Wallet. Butler will simply fire your bids and if your balance is not high enough the Bid will be rejected.
{% endhint %}

## Create Search Engine Task

{% hint style="info" %}
If you don't find your favorite Monad collection on the Butler search engine, feel free to [add](/nft-butler/setup/add-collection-to-butler.md) it with the Button on top of the search engine.

[PRO Members](/nft-butler/products-and-services/pro-access.md) can also add collections privately (not shared with everyone else) until it gets added by a non PRO Member.

With the Blockchain Filtering option you can filter the collections based on Blockchain as shown below.
{% endhint %}

<figure><img src="/files/hEOAXL0OYAE8Cc2CQx64" alt=""><figcaption></figcaption></figure>

The above screenshot shows available Monad collections filtered by Blockchain on the left. The available buttons will provide the following features:

* 1st Button "Show all Traits": Drilldown into the Traits view of the collection to create trait based bidding tasks
* 2nd Button "Check Collection Stats": Will provide a collection floor price graph for OpenSea (up to 2 months) as well as top Collection Bids and the last Sales events.
* 3rd Button "Create Collection CTO": With this button you can create a [Collection Bidding Task](/nft-butler/task-types/collection-trait-bidding-cto.md)
* 4th Button "Create Token Task": Here you can create a [Token Bidding Task](/nft-butler/task-types/token-bidding.md)

## Create Manual bidding Task

Monad bidding tasks can also be created as[ Manual Task](/nft-butler/task-types/manual-token-id-bidding.md) providing the collection link, smart contract and a list of token ids:

<figure><img src="/files/N5HtS4tUSLKkQJh1akmb" alt=""><figcaption><p>Create Manual Token Bidding Task</p></figcaption></figure>

### Marketplace & Blockchain

With the required[ PRO Access](/nft-butler/products-and-services/pro-access.md) you can choose the target Blockchain to "Monad" on OpenSea:

<figure><img src="/files/CS2t4LD8kbHTFrV4XHhD" alt=""><figcaption><p>Creating Manuel Token Task on Monad</p></figcaption></figure>

* To create your first Monad Bidding Task you'll have to copy & past the Link to the Monad Collection in Butler and fill the "Token IDs range" field with a list of Token IDs you'd like to bid on
* To support finding all Token IDs of a specific Trait we have two very usefull Community Bot features availbe for Members in our Discord:\
  [/traits](/nft-butler/products-and-services/discord-bot/traits.md)\
  [/tokenscan](/nft-butler/products-and-services/discord-bot/tokenscan.md)

{% hint style="info" %}
Make sure to "Fetch Data" once you've copied the Link to the collection. It will fetch Collection Stats and Last Sales information on the left side.
{% endhint %}

<figure><img src="/files/xwc6xmzRQcJvqcSKAc8q" alt=""><figcaption><p>Creating a manual Monad Bidding task and fetching Data</p></figcaption></figure>

* For all the Manual token task configuration options please refer to [Manual Token Bidding Page](/nft-butler/task-types/manual-token-id-bidding.md)

## Dashboard & Wallt Details

* Monad Bidding Tasks will be part of the Live Bidding Activity Feed on the [Dashboard Overview](/nft-butler/features/dashboard.md)
* Target link will link to OpenSea as usual
* Wallet percentage for the WETH limits are not taking Monad bids into account
* Wallet Details will show active bids on Monad

<figure><img src="/files/1ADzZiz3FyyUa7CkJ4cA" alt=""><figcaption><p>Butler Dashboard will show live bidding activity for Ronin bids. Wallet percentag only showing WETH bidding ratio.</p></figcaption></figure>

<figure><img src="/files/EtcdpyaZ0RmgamAZohTX" alt=""><figcaption><p>Wallet Details showing active Monad bids seperatly, not counting towards OpenSea active bids limits</p></figcaption></figure>

{% hint style="info" %}
Butler will **not show your Monad MON / WMON Balance** on the Dashboard or Wallet Details here.

Also Tasks will not be able to check in advance how much WMON are available in your Wallet. Butler will simply fire your bids and if your balance is not high enough, bids will be rejected.
{% endhint %}


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