we have Clanker's v4 sniping auction code up for perusing (link below) 🎯

the code is currently under audit and might change slightly, open for comments! planning to deploy in 1-2 weeks

what’s the one sentence summary of the mechanic?

app developer /spotlight | MediaFi & Attention Markets

snipers take on risk by having to pay to snipe, with creators getting the reward

this basically a higher gas fee? tell me to kick rocks if it's not worth explaining lol

we allow to snipers bid on how much they want to pay for a snipe using Base’s priority fee ordering. higher gas price = more they pay. it’s our first design and may not be the last, but we’ll report back on how it’s used with dashboards!

that’s crazy. how does this work? [im redacted]