opening bid
0.001ETH
first paddle up takes the top
bell--:--round —
pot0ETH · goes to the top bid at the bell
the tape
The hall opens at launch. The opening bid is 0.001 ETH; whoever raises it hands that bidder back 0.0011.
A bids 0.020 and sends 0.021 (0.001 into the pot). B raises to 0.030 and sends 0.0335: A is handed back 0.022 (0.020 + 0.002), the pot is 0.0025. Nobody raises B before the bell: B takes 0.030 + 0.0025 = 0.0325.