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feat: add Dutch descending-price auction mode for faster default liquidation recovery#427

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olaleyeolajide81-sketch wants to merge 4 commits into
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olaleyeolajide81-sketch:Add-Dutch-auction-descending-price-mode
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feat: add Dutch descending-price auction mode for faster default liquidation recovery#427
olaleyeolajide81-sketch wants to merge 4 commits into
Creditra:mainfrom
olaleyeolajide81-sketch:Add-Dutch-auction-descending-price-mode

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Add Dutch auction mode for faster default liquidation recovery with overflow-safe monotone decreasing price calculation. Changes include AuctionMode enum, Dutch auction parameters in AuctionConfig, compute_dutch_price function, and comprehensive tests.

olaleyeolajide81-sketch and others added 4 commits May 29, 2026 17:12
- Add AuctionMode enum (English/Dutch) to types.rs
- Extend AuctionConfig with Dutch auction parameters (dutch_start_price, dutch_floor_price)
- Implement compute_dutch_price function for overflow-safe monotone decreasing price calculation
- Update init_auction to accept mode and Dutch parameters
- Update place_bid to support Dutch auction first-bid settlement
- Add comprehensive Dutch auction tests covering price at start, mid, and floor
- Update existing tests to use new init_auction signature
- Fix duplicate members in Cargo.toml

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Co-Authored-By: Devin <158243242+devin-ai-integration[bot]@users.noreply.github.com>
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drips-wave Bot commented May 29, 2026

Hey @olaleyeolajide81-sketch! 👋 It looks like this PR isn't linked to any issue.

If this PR is for one of the issues assigned to you as part of a Wave, please link it to ensure your contribution is tracked properly. You can do this by adding a keyword to the PR description (e.g., Closes #123), or by clicking a button below:

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#351 Add Dutch-auction descending-price mode to auction_contract for faster default recovery Link to this issue

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