Here is a copy of the rules as posted on the site:-
Rules for Auctioning Names:
Any name you list for auction must have at least one month of registration remaining
You will be able to add your name(s) here following each auction until Friday at 3:00PM CST.
No transfer fees will be allowed. If the registrar of a sold name does not offer a push option or the seller can't provide login information, the buyer will need to submit for transfer to his/her registrar at his/her expense.
Until further notice, each Friday at 3:00PM CST, names with $1.00 starting bids will be randomly sorted and placed on top. The remainder will be randomly sorted and follow the names with $1.00 starting bids.
After Friday 3:00PM CST, no changes can be made to listings and they cannot be removed. Don't tell me you already sold the name because I'll tell you to buy it back.
In order to buy or sell domain names in the auction you must be able to complete any sale with Paypal.<<<
For sales exceeding $500, if either the buyer or seller requests to use escrow, Escrow.com will be used and the fee will be split.
A 10 and 15 second timer will be used. 10 seconds without an opening bid and we move to the next name. After the initial bid, 15 seconds without any bids, Sold!
Minimum Bid Increments will be 1,2,3,4,5,8,10,12,15,18,20,25,30,35,40,45,50,60 up to 250 then in 25s to 1000 then 50s
Once a domain name has been sold the transaction should be completed within 72 hours.
Any attempts to cheat the auction system in any form or fashion will result in permanent banishment from the DNForum.com site.