Ribbon Finance
Search…
Participating in Paradigm Auctions

Requirements

  • Wallet. We support Metamask, Wallet Connect and Coinbase Wallet.

Token Approval

To participate in Paradigm auctions, bidders need to approve their tokens beforehand. Follow the instructions below to approve your tokens. The instruction below is an example if you use Metamask wallet.
Note that you will also need to be registered in Paradigm's platform and there are setups required on Paradigm's platform before you can start bidding on the auctions.
1. Head over to https://auction.ribbon.finance/approval. You will see the following page. Click on CONNECT WALLET.
Token Approval Page
2. The following window will pop up. In this instruction, we will use Metamask.
3. When you click Metamask, the following window will open. Click Next and then Connect. Note that the steps might be different if you are using another wallet.
Metamask Step 1
Metamask Step 2
4. Ensure that you are in the correct network, either Ethereum or Avalanche C-Chain Mainnet. Note that the steps might be different if you are using another wallet.
Ensure Correct Network
5. Once you are connected, you will be able to see the auction options. Choose PARADIGM.
Auction Selection
6. Once you select the auction, you will be able to see the list of tokens you can approve. We'll choose WBTC this time round.
Token Selection
7. Afterwards, click on the button APPROVE. This will trigger a pop-up in Metamask. You need to approve the transaction. Similarly, if you are not using Metamask, you will need to approve the transaction in your respective wallet. Ensure you are approving the right contract.
Our swap contract (the contract used for bid settlement) addresses:
  • Ethereum Mainnet: 0xf0e5c92cedd66c7985c354c35e2bc37e685b99da
Approve Pop-Up
8. After the transaction is confirmed, you can see that the token has been labelled as approved. You can now head over to Paradigm's platform to register your wallet.
Approved Label