Set your range
Choose the amount, opening price, floor and duration. Stock Tokens enter contract escrow.
The ask moves.
You decide when.
Put a Stock Token lot up for sale with a price that descends over time. Buyers take the portion they want. The remainder stays in the auction.
Explore auctions ↗
Example ask / USDG per token420.00
Opening 420Floor 280
A price path.
More than one buyer.
Let the ask descend
The contract follows a linear schedule. Every buyer sees a quote for their chosen portion.
Settle each fill
USDG goes to the seller, tokens go to the buyer. A 0.5% buyer fee is shown before confirmation.
The rest stays yours.
Cancel an open auction and reclaim its unsold Stock Tokens. When the deadline passes, buying stops and the remaining balance can still be withdrawn.
Read the mechanism ↗