> For the complete documentation index, see [llms.txt](https://fomonft.gitbook.io/fomonft/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://fomonft.gitbook.io/fomonft/auction-round-time.md).

# Auction Round Time

![](/files/-MkaCT5CaGphvMx_oVlG)

An auction starts by waiting for bids for about **30 minutes** (counted as a fixed number of BSC blocks). The minimal round time is about **15 minutes**.

For example, an auction starts with a round time of about **30 minutes**.

* If **30 minutes** have passed and there is no bid at all, the auction countdown will hit zero. The auction will close with no winner.
* If **15 minutes** have passed, at which time a bid of **0.3 BNB** comes in, the auction countdown **will reset to about 30 minutes**. There will again be about **30 minutes** for the next bid to come in.

{% hint style="info" %}
🧇 **Important:** There is no cap on how many bids can come in or how long an auction can last. So theoretically, if higher bids keep coming in, an auction can last forever, and the jackpot could grow to be very large.
{% endhint %}