😱Yeet BGT Auction

What is it?

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

Running bots to play the game and farm BGT is allowed and encouraged. You can use an opensourced bot we have made for users.