On 5/22/20 4:28 PM, Kerim Aydin via agora-discussion wrote: > First Proto for an auction overhaul (not really much shorter than current > version should we golf this? :) ) > > Auctions generally: > > The Block is an entity. Any asset that CAN be owned by Agora CAN > be owned by the block. A lot is a non-empty list of assets that > belong to the block.
How high of a power does this statement need to have to be effective? It certainly works for all Rules-defined (since the Rules collectively have mint authority), but it probably doesn't work for private assets, since there's a power 3 statement that they can't be transferred outside of the entities that can own them. > Bidding > > When an auction is initiated, its bidding period begins. The bidding > period ends 7 days after its initiation, or if it began more than 96 > hours ago and no bid has been placed or withdrawn in the last 96 > hours. I'm not sure I see the reason for having the 96 hour rule in the first place. > A document purporting to be such a publication is a self-ratifying > attestation that (1) such an auction existed; (2) the indicated bids > were valid bids; and (3) the indicated bidders were assigned the > indicated lots. Hmm... it doesn't look like self-ratification is currently secured, which I can see both positives and negatives for. > > Within a timely fashion after such a publication, an entity with an > assigned winning lot CAN and SHALL claim eir lot by paying a fee > equal to eir bid to transfer the items in eir assigned winning lot > from the block to emself. This causes destruction of the bid, which breaks Free Auctions (if that's something we want to keep). > [ > TODO: what happens to exess lots? > TODO: zombie auction compatibilty (totems?) > ] I think I'll write up a quick proto for Talismans (name stolen from Warrigal). -- Jason Cobb
