Axis-Fi / axis-core

Axis Protocol
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Fixed Price Batch Auction #193

Closed Oighty closed 4 weeks ago

Oighty commented 1 month ago

After reviewing various scenarios, it has become clear that atomic auctions are not compatible with several important direct to liquidity use cases. Therefore, we need a batch auction format of the Fixed Price Sale as well.

This format is different from most batch auctions that we could write since the price is already determined at the beginning of the "auction". This means that once we receive enough bids to fill the capacity at the fixed price, we can end the auction early.

The following additional design decisions were made to improve user experience and provide flexibility in the use of the format.

Oighty commented 1 month ago

There's a bit of duplication between FPB and EMP in this initial version (data structures, errors, revert functions, etc.). Not sure if we want to deal with refactoring EMP, but something to consider while reviewing.

etherSky111 commented 4 weeks ago

All good.