Dutch Auction Contract
A Dutch auction that decreases price over time until a buyer accepts, useful for fair NFT price discovery. A Dutch auction that decreases price over time until a buyer accepts, useful for fair NFT price discovery.Explanation
A Dutch auction starts at a high price that decreases linearly over time. The first buyer to accept the current price wins. This mechanism is used for fair price discovery — it discourages gas wars and front-running common in fixed-price sales.Code
Canonical knowledge ID:
code-example:dutch-auction-contract