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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