Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
sudoswap launches sudoAMM progressive Dutch auction

sudoswap launches sudoAMM progressive Dutch auction

CointimeCointime2023/11/23 02:42
By:Cointime

NFT trading protocol Sudoswap announced the launch of SudoAMM gradual Dutch auction (Gradual Dutch Auctions, GDA), allowing for the effective sale or purchase of NFTs over time.

When selling, GDA has a high initial price, which is then adjusted over time, similar to a Dutch auction. Each time a token is sold, the pool price will rise, allowing for continuous price discovery. When buying, the initial price is low and increases over time, then adjusts downward with each purchase.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Peanut the Squirrel (PNUT): Honouring Memories And Uniting A Community

What is Peanut the Squirrel (PNUT)? Peanut the Squirrel (PNUT) is a memecoin launched on the Solana blockchain, born from an unexpected and heartbreaking real-world event that resonated across social media. Inspired by the story of Pnuts, a beloved pet squirrel, and his companion, Fred, who brought

Bitget Academy2024/11/08 09:58