Zero Knowledge cover image

CowSwap & DAO Tech with Gnosis’s Martin Köppelmann

Zero Knowledge

00:00

No SuSoxian: A Simple Auction Mechanism for Large Trades

No suSoxian is a fairly straightforward auction protocol where you can anyone can at any time set up auction and simply define a bunch of tokens they want to sell. Once the auction clears or basically once the time ends it's actually possible to do on chain the calculation of this one single clearing price. It will calculate the exact bit that is required to clear basically to sell all the tokens and it will be then executed at this price. We have seen over a million dollar plus trades on cow swap and we definitely want to see more of those so we are still targeting. Yeah for sure for sure I wasn't necessarily saying that I that like it's impossible but just thinking about no suS

Play episode from 31:57
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app