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Phasing with fixed step (point settled dutch auction) #16

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martinkrung opened this issue Feb 3, 2021 · 0 comments
Open

Phasing with fixed step (point settled dutch auction) #16

martinkrung opened this issue Feb 3, 2021 · 0 comments
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enhancement New feature or request experimental question Further information is requested

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@martinkrung
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  1. Phase: Bids are free to set and withdrawn
  2. Phase: Bids have a % fee and can be withdrawn
  3. Phase: Bids have a % fee and can’t be withdrawn
  4. Phase: Wait until x block no new bids are made, every new bid extends this period again, then close the auction.

Pro:

  • try to lower gas war at the end

Con:

  • adds a lot of complexity to the front-end
@martinkrung martinkrung added enhancement New feature or request question Further information is requested experimental labels Feb 3, 2021
@martinkrung martinkrung added this to the Extended Product milestone Feb 3, 2021
@martinkrung martinkrung modified the milestones: Extended Product, Extended Product (Vision, on zen) May 31, 2021
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Labels
enhancement New feature or request experimental question Further information is requested
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