<WRAP centeralign>**####Auction House — How It Works####**</WRAP>
The Auction House lets players buy and sell Joules, Miners, Crate Keys, and Cooling Items directly with each other using satoshis. Use the command /inventory to list an item and browse active listings.
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**##Listing an Item##**
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    * Run /inventory, choose an item type, set your price and duration.
    * A **listing deposit** is deducted from your balance immediately — it is refunded when your item sells and forfeited if it expires or you cancel.
    * Deposit amounts scale with the listing price and chosen duration.
**##Buying an Item##**
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    * Click **Buy Now** on any active listing.
    * Your balance is deducted immediately. The item goes into **escrow** — it is not transferred until the seller confirms.
    * You will receive a DM with your purchase receipt and options.
**##Platform Cut (5%)##**
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    * When your item sells, you receive a Lightning invoice for **5% of the sale price**.
    * Pay the invoice to collect your full proceeds. If you ignore it, the cut is deducted automatically after 24 hours.
**##Escrow & Delay Penalty##**
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    * After a sale, the item is held in escrow until the seller pays the cut invoice or the 24-hour window expires.
    * **2-hour grace period** — no penalty if you pay within 2 hours.
    * After the grace period: **0.5% of the sale price per hour**, capped at **15%**.
    * Decay is split 70% to the community prize pool and 30% to the server.
**##Buyer Reminders##**
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    * As a buyer you can send the seller up to **3 reminders** via the button in your DM.
    * Reminders have a **4-hour cooldown** between uses.
    * The bot also automatically reminds sellers at 1h, 4h, and 12h after a sale.
**##Reversals & Cancellations##**
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    * **Sellers** can reverse a sale at any time before the 24h window closes — the buyer is fully refunded and the item returns to the seller, but the listing deposit is forfeited.
    * **Sellers** can cancel an active (unsold) listing at any time — the item is returned but the deposit is forfeited.
    * **Buyers** cannot cancel once a purchase is confirmed.
**##Auto-Resolve##**
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    * If the seller does not pay or reverse within **24 hours**, the sale auto-resolves: the item is delivered to the buyer and the seller receives their proceeds minus the 5% cut and any delay penalty.