# Uncapped Auction

In this auction type unlimited amount of tokens are on sale with a fixed price

Token buying process happens directly (not waiting until the auction ends)

Tokens on sale are minted when someone buys the token meaning that if no one participates on the auction there is only the intially minted tokens.

Minting is done by the contract and revoked after the auction ends. The team has no permission to mint new tokens during or after the auction.

This auction type is easy to setup because it only needs price (how many sucoins the token is sold for)

There is also no bot concerns as the buying speed and amount are of no concern to other investors

Auction finishes when the time ends