How to Buy Slop (SLOP) via Token Auction
2026-11-03
Slop can be purchased through a token auction via Umia Finance, with bids using USDG.
Based on the Slop Cash announcement, the initial phase opened on November 5, 2026, followed by public bidding on November 7, and closed on November 10.
Participants participate in an auction mechanism with one settlement price or clearing price the same, including for participating funds.
Before participating in the Slop Cash auction, prepare wallet access, understand the initial stage requirements, and check the transaction conditions on the official page.
The following guide explains the order of participation based on announced project information.
Key Takeaways
Early bidding begins November 5, public bidding November 7, and the auction ends November 10, 2026.
Bidding using USDG, participants pay the same clearing price.
Early Bid requires proof of eligibility made through Umia Extension.
Slop Token Auction Schedule in WIB
Umia's announcement lists a time of 17:00 UTC for the opening of the initial stage, public bidding, and closing.
For Indonesian participants, this time is the same as 00.00 WIB the following day.
Pay attention to the change of date so as not to be late in participating in the auction.
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The schedule refers to the announcement given.
Before submitting the transaction, please check it again with the latest status on the Umia auction page.
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Preparation Before Buying SLOP Tokens
Open Official Slop Cash page on Umia Finance (https://app.umia.finance/p/slop-cash), then access the auction section.
The announcement stated that SLOP was launched on Robinhood Chain and that the offerings were made using USDG.
Therefore, check the network, wallet support, as well as payment assets displayed on the interface.
Don't assume USDG can be substituted for other stablecoins. Also, check the network fee balance requirements before approving a transaction.
The information provided does not detail the minimum bid, purchase limit per participant, or nominal transaction fees.
To participate in the Slop auction at the initial stage, install the Umia Extension via the link in the official Umia documentation.
This extension generates proof of eligibility using zkTLS verification.
Simply installing the extension does not automatically qualify a participant for Early Bid.
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How to Bid SLOP on Umia Finance
Go to the auction page and check the terms
Access halaman Slop Cash auction (https://app.umia.finance/p/slop-cash/auction), then ensure the project name and SLOP symbol match. Read the auction status, participant requirements, and bidding information before connecting your wallet.
Source: app.umia.finance
If you participate in the Early Bid, please complete the eligibility verification process according to Umia Extension's instructions.
The Slop Cash announcement mentioned eligibility details provided by Umia on the opening day of the initial phase.
Ineligible participants can check for public stage access starting from the announced schedule.
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Prepare USDG and enter bid
1. Connect a supported wallet, then follow the instructions on the auction page to set up USDG on the appropriate network.
2. Enter your offer based on the available columns and conditions.
3. Do not assume any particular transfer method, bridging, or pricing arrangement before checking the platform's guidelines.
4. Before confirming, read the amount of funds, destination contract address, and permissions requested by the wallet.
5. Save proof of transaction after successful submission.
6. The transaction status needs to be checked again on the auction page to ensure the bid is recorded.
Check the results and distribution instructions
After the auction closes, check the allocation results and clearing price through official channels.
Follow the distribution, claim, or refund instructions if such mechanisms apply.
The source material does not yet explain the operational procedures, so this step must follow the final provisions of the Umia Finance auction.
SLOP Token Price and Allocation
The way to obtain SLOP tokens through auctions is different from purchasing assets at established market prices.
The announcement stated that all participants pay the same clearing price, including whitelisted funds.
Final price figures are not yet available in the source materials.
The total supply of Slop Cash tokens is set at 100,000,000 SLOP. Of these, 45,000,000 tokens, or 45%, are allocated for auction sales.
The sale tokens are said to be fully liquid at TGE, with no vesting.
However, these liquidity provisions do not guarantee profits or trading prices after launch.
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Understand the Function of SLOP Before Participating in an Auction
SLOP crypto functions to manage the Slop treasury through Umia's decision markets. This includes treasury management, ecosystem programs, Slop fee changes, and key protocol decisions.
Tokens are not required to fund projects, contribute, provide reviews, or receive payments on Slop Cash.
Thus, the decision to participate in the auction needs to be based on an understanding of the token's function and its offering conditions.
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FAQ
How to buy SLOP via token auction?
Go to the official Slop Cash auction page on Umia, check the requirements, connect a supported wallet, and then place a bid using USDG according to the platform's instructions.
When does the SLOP public bidding open?
Public bidding is scheduled to begin on November 7, 2026, at 17:00 UTC, or November 8, at 00:00 WIB.
Does Early Bid require Umia Extension?
Yes. The announcement states that proof of Early Bid eligibility must be generated using the Umia Extension.
How much does a SLOP cost to buy in an auction?
The final price is not listed in the source material. Participants pay the same clearing price as the auction result.
Do the auctioned SLOP tokens have vesting?
The sale token allocation is announced fully liquid at the TGE, with no cliff, vesting, or lockup of sale tokens.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.
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