What is oxidized in the reaction below? 
Definitions:
Low-Value Bidders
Participants in an auction or tender process who submit bids that are significantly lower than those of other bidders.
Winning Bid
The highest offer made in an auction, securing the purchase of the item or contract in question.
High-Value
Pertaining to products, services, or attributes that possess a greater benefit, worth, or significance, often justifying a higher cost or investment.
Sealed-Bid
A bidding process where all bids are submitted confidentially and opened at a predetermined time.
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