Auctions
Auction, bid, placement, and sponsored inventory concepts.
Auctions
Use this page for auction concepts, placement inventory, bid rules, confirmation states, reporting paths, and the boundaries between seller bidding and admin-owned auction controls.

What to document
Explain which auction surfaces are reader-facing, how bids are entered or reviewed, what status changes matter, and where sponsored placement language differs from standard catalog behavior. Readers should leave knowing the auction lifecycle without having to infer it from scattered app screens.
Reporting
Document the important result states, ledger or reporting views, and any delays between bid activity and downstream analytics or invoice visibility.
Source of truth
Confirm auction terminology against workflow specs and current Convex function paths before documenting settlement timing, win states, or admin overrides.