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A seller can sell capacity two ways: at a price you publish, or by competition. Selling by competition means putting the capacity up as a lot with a closing time and letting buyers bid. A closing lot does not put the platform between you and the winner. It produces an introduction — the same record accepting an opportunity produces — after which you contract with the winner directly and owe the usual 1% success fee on what you receive. GPU Outlet takes no money from either side of your deal.

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Choose it when you publish

How the capacity is sold is answered in the Pricing step of the publish form, under How buyers take it. The answer is fixed at publication and cannot be edited afterwards. An auction promises a closing time to everybody bidding, and a seller free to switch back to a fixed price could withdraw that promise after people had acted on it — as an edit, which nothing announces. To sell the same capacity the other way, delist it and publish it again. My Listings shows the answer on each card, as Sold as. See Listings for the rest of the form.

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Open a lot

A lot is built from a listing you have already published. Open Lots (/app/auctions) and press Put capacity up for bidding, or go to /app/auctions/new. Only an Owner or an Authorized signatory can open a lot: it commits the company to supplying what it sells. It is the same permission as publishing the capacity, and it does not ask for your second factor.
1

Pick the capacity

The menu lists your published listings with the nodes each has. A listing with no proven right to sell is marked, and a lot cannot be opened on it — it would draw real bids and introduce a buyer to a seller who cannot deliver. Declare the right to sell on the listing first.
2

Set the terms

Everything below. They are the text bidders accept before they can bid.
3

Publish the lot

It appears on Lots, and the listing’s Radar card starts showing the auction instead of a rate.

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The lot’s terms

A lot is refused if the window makes no sense, if nobody has proven a right to sell the capacity, if the listing states no minimum term — no deal can be sized from capacity with no stated length — or if the lot offers more nodes than the listing holds.

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Open or sealed

The format decides who may see a bid while the lot is running, and nothing else. Both formats take the same bids and are decided by the same comparison.
  • Open: the current best bid is visible to anyone, and a new bid has to clear it by your step.
  • Sealed: no bid is visible to anyone until the lot closes — including you. Nothing computes a leading amount on a sealed lot before the close, so there is no figure being withheld from your screen. The symmetry is the point: a seller who could watch a sealed lot could bid it up.

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While the lot runs

Your lot’s page has two panels of your own. Your lot withdraws it. A lot can be withdrawn until it is decided; after that it has a settlement record and a winner, and withdrawing would be a default dressed as a cancellation. Amend moves the terms — but only while nobody has bid. The moment a bid exists the terms are frozen, and an amendment is refused rather than the bids being invalidated. Every amendment raises the lot’s terms version, and that invalidates every acceptance of the previous text: bidders must accept the new version before they can bid. Amend early, or not at all. You are told “New bid on your auction” when bidding moves, and “Your auction closed” when it ends. Neither names a bidder or an amount. Auction notices appear in the dashboard only and are not emailed.

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When it closes

At the closing time the lot is decided: the highest bid that clears your reserve wins, and equal amounts are settled by who bid first. If bids came in and none reached your reserve, the outcome is Reserve not met — kept apart from No bids, because the two say different things about your next lot. A win then produces an introduction:
1

The winner is revealed to you

The introduction carries the winner’s company and contacts, under the usual terms. It appears under Opportunities → Protected, with a reference such as GO-YYYYMMDD-XXXXXX.
2

You contact the winner

Contracting, invoicing and delivery are between the two companies. See Seller introductions.
3

You owe the success fee on what you receive

1% of every amount you actually receive from that buyer, for contracts signed within 24 months of the reveal. See Success fee.
You are not asked to accept anything at the close. You accepted in advance and in public: you opened the lot, published its terms and let it run. What is still checked is your own standing — a company whose verification has lapsed, or whose agreement has moved, cannot be introduced to anybody, and the introduction waits until that is fixed. The lot then shows Settled: the introduction was made. That is the last thing the platform performs on a lot.
A lot names no fallback, and nothing offers it to the next bidder by itself. The platform does not observe whether a winner goes through with the deal: it holds none of your money and sees no payment between you and the buyer, so there is nothing that could declare a default. If a winner does not take up the introduction, you can publish the capacity again, or write to support.

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Lot statuses

Listings

Publish the capacity a lot is built from.

Bidding

The same lot, as a buyer sees it.

Seller introductions

What a won lot turns into.

Success fee

What you owe, and when.