What is the clearing price?
The clearing price is the lowest price at which we can sell less than or equal to the number of offered Siafunds. Bids must be at or above the clearing price to receive Siafunds from the auction.
The clearing price will be updated every 30 minutes and displayed on the main Auction page for investors logged in at siafunds.tech.
In this example, the clearing price is the same as the minimum price – $7,500 USD. The clearing price will also show the conversion rate to Bitcoin and Siacoin, the two other currencies that can be used for placing bids.