# Lifecycle of a Piggy

- [Approve Collateral](/lifecycle-of-a-piggy/approve-collateral.md): Allowing SmartPiggies to hold the collateral
- [Auction](/lifecycle-of-a-piggy/auction.md): Auctioning piggies
- [Buy](/lifecycle-of-a-piggy/buy.md): Purchasing piggies on auction
- [Bid](/lifecycle-of-a-piggy/bid.md): Bidding on piggies
- [Finalize](/lifecycle-of-a-piggy/finalize.md): Finalizing a bid
- [Clear](/lifecycle-of-a-piggy/clear.md): Clearing a piggy by requesting a price from an oracle
- [Settle](/lifecycle-of-a-piggy/settle.md): Finalizing the payout
- [Claim payout](/lifecycle-of-a-piggy/claim-payout.md): Retrieving funds from SmartPiggies
- [Burn - Reclaim collateral](/lifecycle-of-a-piggy/burn-reclaim-collateral.md): Returning tokens from SmartPiggies