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Blend: Unlock The Value of Your NFTs | Pacman, Blur

Empire

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How Dodge Auctions Work

There is this range in this Dodge auction from zero to 1000 APY. Walk us through kind of the intuition around that level and setting those parameters. Yeah, so the auction, when it goes into the refinancing auction, basically it'll go, okay, this is a loan for 25 ETH. Does anyone want to take a start at a 0% interest rate? And then at the end of the 30 hours, it reaches 1000%, right? So in that case, the APY is way greater than 100, right? Because that just happened in like almost instantaneous. It's actually way way.

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