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  • Kuiper - Documentation
  • Protocol
    • FAQ
    • Governance
    • Basket Creation
    • Launching a Basket
      • Proposing an Index
      • Proposing an Index
      • Creating a Basket
      • Creating the Basket
    • Rebalancing Auctions
      • Initiating an auction
      • Bidding on an auction
      • Auction Parameters
      • Bounties
      • Settling an auction
  • Contract Addresses
  • Audits
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  1. Protocol
  2. Rebalancing Auctions

Auction Parameters

auctionStart

the block number when the auction was initiated

bondBlock

the block number when a rebalancer successfully submits a bond

auctionMultiplier

a parameter that sets how high the initial auction price is

auctionDecrement

a parameter that sets how quickly the auction price decays

After a bond has been submitted, the required ibRatio after rebalance (newRatio) will be:

a = auctionMultiplier * ibRatio
b = (bondBlock - auctionStart) / auctionDecrement
newRatio = a - b

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Last updated 3 years ago