Update content/concepts/tokens/nftoken-auctions.md

Co-authored-by: oeggert <117319296+oeggert@users.noreply.github.com>
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Dennis Dawson
2023-02-14 09:28:50 -08:00
committed by GitHub
parent 067048e138
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@@ -34,7 +34,7 @@ Run the auction in brokered mode, as an auction with a reserve.
- There must be implicit trust between the seller and the marketplace that the marketplace will not take more than some previously-agreed-upon rate. If the reserve was 1 XRP and the winning bid was 1000 XRP, there is no on-chain mechanism to prevent the broker from taking 999 XRP as profit, leaving only the reserve profits for the Seller.
A major mitigating factor of this downside is that if this behavior were to happen, Brokers would lose their entire market share, which sellers Should understand.
A major mitigating factor of this downside is that if this behavior were to happen, Brokers would lose their entire market share, which sellers should understand.
## Run the Auction in Brokered Mode, without a Reserve.