04 — AUCTIONS
Know what a license costs.
Compare the two auctions: a charter starts a position; a license adds a branch.
Add a branch
An expansion license adds a branch to an existing charter.
Current Dutch auction price
Reading the auction…
Live contract reads
Price history and auction limits
Daily fields are stored snapshots and may await onchain rollover. Exact contract rounding is still unresolved. The simulator exposes separate whitepaper decay models.
Start with a charter
A charter is the record that holds a position’s branches and ledger.
Current Dutch auction price
Reading the auction…
Live contract reads
Price history and auction limits
Daily fields are stored snapshots and may await onchain rollover. Exact contract rounding is still unresolved. The simulator exposes separate whitepaper decay models.
Does another branch pay back in time?
Compare its license cost with modeled additional issuance and exit fees.