Architecture Overview

Lucidly Auctions are Built as a “hook” on Royco.

Order matching flow:

• AP makes a bid offer, IP fills that order.

• Bundling these 2 flows in 1 transaction and moving the price up or down based on an auction math would automate the process for both parties.

GradualDutchAuction._calculateIncentiveMultiplier()calculates the incentive multiplier based on decay rate, emission rate, last auction start time, and deposit amount.