Mining & Auction
Macaron uses a continuous Dutch auction mining mechanism (dynamic price changes), Built on Solana to take advantage of high speeds and low fees.
Mining Process
Only one person can mine at each macaron flavor at a time. Mining automatically gives $MACARON according to the flavor's mining rate.
Start or Seize Position: To start mining or "rob" from someone else, pay the "Auction SOL" to own the Macaron.
Auction Mechanism
Each Macaron Cake Is Its Own Market
Each Macaron flavor has its own independent auction.
At any time, each cake has exactly one owner.
Dutch Auction – Price Doubles Then Falls to Zero in 1 Hour
Macaron uses a custom Dutch auction with two key rules:
When someone successfully bids for a Macaron (wins the auction):
The initial price for the next auction of that same Macaron flavor immediately doubles compared to the price that was just paid.
This makes the cake more “expensive” right after a successful steal, rewarding early risk-takers and punishing late FOMO.
After this new initial price is set, the price then:
Decreases linearly over time.
And goes all the way down to 0 SOL over the course of 1 hour.
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