@saltorious.eth
This is what we've landed on for the $PEEPLES fee auction.
- English auction in $PEEPLES to get the pool's 1% fee directed at an address of your choice.
- Fees accumulate in $DONUT + $WETH (with profitable glazes)
- Auction winner receives 90% of fees accumulated, 10% goes to a blazery contract, along with auction proceeds.
- People can burn donut/peeples LP via the blazery to claim a mixed bag of $PEEPLES $DONUT and $WETH, once the value of those tokens is > the value of the LP.
- Auction is held every 3 days.
Would love thoughts and feedback from the community on this!
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