Auction-based Mining
Macaron uses a continuous Dutch auction mining mechanism (reverse auction), Built on Solana to take advantage of high speeds and low fees.
Dutch Auction
When a Macaron is successfully won, the starting price of the next auction for that same flavor doubles from the last paid price, rewarding early buyers and discouraging late FOMO.
From this new starting price, the auction price decreases linearly to 0 SOL over 1 hour.
Macaron Flavor
Designed as a 2x2 grid, equivalent to 4 macaron flavors. Each flavor has a different mining rate (amount of MACARON mined per second), uniquely designed for diversity and competition. This encourages users to target better flavor for faster mining, but with higher auction costs.
Blue Berry
0.4 (halved to 0.2)
0.1
Chocolate
0.8 (halved to 0.4)
0.2
Matcha
1.2 (halved to 0.6)
0.3
Strawberry
1.6 (halved to 0.8)
0.4
Auction Distribution
When someone seizes a position, 100% Auction Price is allocated as follows:
84% to previous owner: Returned to the previous miner, creating incentive to defend position.
10% buyback and bury: Used to buyback MACARON and bury, reducing token supply and increasing value.
3% for Staking: Allocated to staking pool to reward MACARON holders.
2% is used to add LP (50% of SOL is used to buy MACARON and add liquidity along with the remaining 50% SOL).
1% → Dev + Protocol Fee.
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