Nouns Infinite Auction House

Description

The Infinite Auction House is a new auction mechanism for the Nouns model that aims to match an infinite supply structure with an infinite demand structure. This model works similarly to the existing auction, where the end of one auction triggers the start of the next, but bids from previous rounds carry over to the next. This leads to some key features such as Bid and Forget, Limit Bids, and Predictable Floor Bids, which saves gas and attention while increasing efficiency. The model is envisioned for usage in expansions of the NounsDAO model which higher supply and more frequent auctions that may not be as popular as Nouns. The proof of concept contract is already done and the community audits are welcome. The team consists of only one person, ghard.eth.

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