Q: Can NFTEye Blur Bids Auto Cancel help me completely avoid farming risks?
A: It is important to note that the acceptance of Blur Bids is randomized and not based on the time of submission.
For instance, suppose there are 1000 sizes available at 0.1 ETH, and one of them is yours. In that case, if an offer is accepted, there is still a 0.1% chance that it will be your bid. This acceptance logic of Blur is entirely random.
To avoid such situations, you can place a bid at the second bid price and set the auto cancel strategy on the max bid price.
In addition, the bid size changes all the time. After setting an auto cancel strategy, you need to check and adjust it in time.
Q: What factors affect Blur Points you farmed?
A: Blur points farm is positively correlated with these factors: 1 Day Volume, Bid Price, Bid Expiration and Bid Size.
Q: How to set Auto Cancel Strategy?
A: You can apply different strategies based on your individual situation.
For example, if the current highest bid level is 0.2 ETH with a size of 100, and the second-highest bid level is 0.19 ETH with a size of 200:
1. If you want lower risk, you can bid at 0.19 ETH and set a cancellation strategy: when the size of the highest bid level (0.2 ETH) drops to 10% or less, your bid (0.19 ETH) will be automatically cancelled.
2. If you want higher returns, you can bid at 0.2 ETH and set a cancellation strategy: when the size of the highest bid level (0.2 ETH) drops to 80% or less, your bid (0.2 ETH) will be automatically cancelled.
Q: Is the Auto Cancel Strategy working even though bids are non executable?
A: The status of the auto-cancelation remains valid regardless of whether or not you have placed a bid. Once the conditions are met, the system will cancel all your bids even if you haven't placed any. This is a great way to do a dry run test before actually placing a bid.
Q: Will the Auto Cancel feature cancel all bids on a collection? Or only bids for the specified target bid price?
A: It will cancel all bids on a collection.
Q: Must my PC be active for the monitoring for blur bids to be functioning?
A: No, you don't need to keep your PC and sniper page open for blur bids.
Q: How many times do I need to sign when using the Blur Bids feature on NFTEye?
A: 1. You will need to sign if you are not logged in NFTEye or Blur.
You will also need to sign every time you submit bids.
Q: Where are the bidding funds held? On my wallet or Blur?
A: On Blur Pool Balance.
Q: Why am I getting an "Insufficient funds" message when trying to place a bid?
A: You need to assure that there is enough ETH on your Blur Pool Balance.
Q: Do I need the pass for Blur Bids Auto Cancel feature?
A: It's still FREE for all users until Apr. 5th.
