TechFlow reports that NFT trading protocol sudoswap has launched sudoAMM's Gradual Dutch Auctions (GDA), enabling efficient buying or selling of NFTs over time.
In a GDA, the initial sale price is set high and then decreases over time, similar to a traditional Dutch auction. After each sale, the pool price increases, allowing for continuous price discovery.
For purchases, the initial price starts low and rises over time, then adjusts downward with each subsequent purchase.
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