The documents regulating R01 auction procedure are available here.
Basic concepts:
- To become a bidder it would be enough to register in R01
- Increasing bids auction: the market price of a domain name is determined by the Bidders themselves.
- Minimum bid 100 rub. You will be able to purchase a domain name at the initial bid price if you are a sole Bidder.
- Auto Broker option — the Auction Organizer's software tool which enables the bidders to automatically increase their bids on a specific lot. In this case, the bids increase up to maximum limit defined by the Bidder for a specific lot (Auto Broker Limit).
- The domains put up to auction are those, that are registered under Registrar's service data, and those put up for sale by R01 users.
- You need not go the Registrar's office to execute all formalities with respect to domain name transfer — this can be done on-line. The only thing needed is that the funds on your account manager are sufficient to pay for the lot (the deposit amount is also taken into account and may be used for payment for the lot).