> For the complete documentation index, see [llms.txt](https://docs.projectlarix.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.projectlarix.com/tokenomics/buy-larix/b30larix.md).

# b30LARIX

[Larix](https://projectlarix.com/) is using [Socean Streams](https://soceanfinance.medium.com/introducing-socean-streams-bff49f7d3ce3) to sell bLARIX.This allows long-term buyers to purchase LARIX at a discount.

## Why should I buy b30LARIX? <a href="#df17" id="df17"></a>

Buying bLARIX gives you a great way to support Larix. If you believe that LARIX is currently undervalued and will appreciate in the future, you can buy bLARIX and in return get a better price for doing so.

## **How to participate in b30LARIX descending auction？**

The b30LARIX tokens will be sold via a descending auction mechanism!And all USDC from selling b30LARIX will be added to the LARIX-USDC liquidity pool.

![](https://848535212-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-McigJh3HTmoYFcYyFW_%2Fuploads%2Fv8VtnQVgvh2cuvKk0Th6%2Fimage.png?alt=media\&token=d81a29a1-1d4a-441f-bd28-8e75673510ab)

The price of the b30Larix tokens will decrease over time (from ceiling down to a floor), but people who buy will reset the price to hit ceiling price! &#x20;

![](https://848535212-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-McigJh3HTmoYFcYyFW_%2Fuploads%2FTYASCh71jcukLIilh1Q9%2Fimage%E7%9A%84%E5%89%AF%E6%9C%AC.png?alt=media\&token=0cabc1d2-2fcd-46b1-9fa8-5e7625cc6596)

Desceding auction differs from traditional auction, the initial price is not the lowest price duirng the auction process. So you should jump in when you see a price that you like.&#x20;

The diagrams below clearly illustrated how the descending auction mechanism works.

![](https://848535212-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-McigJh3HTmoYFcYyFW_%2Fuploads%2F1CtikMX8pB1wci89cvO4%2Fimage%E7%9A%84%E5%89%AF%E6%9C%AC%202.png?alt=media\&token=f6a2cb5c-8146-4648-88c7-e3abd4c9b688)

![](https://848535212-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-McigJh3HTmoYFcYyFW_%2Fuploads%2FDUrWD3DlOGIcRSzDB1YU%2F4.png?alt=media\&token=cf148e70-9629-42e3-b8c9-2a4754eae8ff)
