😱Yeet BGT Auction

The Yeet BGT Auction is a fully onchain game built around Berachain's Proof-of-Liquidity. The game combines elements of bidding on guaranteed BGT flow and winning a grand prize.

How it works:

• Players bid on securing a timeslot in which they earn guaranteed BGT flow

• The bidding works via a dutch auction, a price descends and whoever bids first secure the BGT flow for the next slot

• After a timeslot expires, a new Dutch Auction begins

• When a successful bid is made, BERA used to make the bid is split between:

  • Bribes for continued BGT flow

  • Prize pool

  • Protocol treasury

  • Buybacks

• Some of the bid goes to growing the prize pool, this is paid out to one winner when they are the slot leader for a certain number of consecutive slots

  • When this win condition is achieved, the BERA in the prize pool is paid out to the winner, and the game continues