Onchain Dutch Auctions

This week, we updated our protocols to support Onchain Dutch Auctions, enabling fully onchain auction mechanics.

As part of this release, we automated the ability for collectors to claim rebates.

To deploy a Dutch auction onchain, head to “Create a collection.” When on the mint details tab, select "Dutch auction" on the mint details page and leave the gate field empty.

To collect your rebate, simply visit the mint page after a Dutch auction reaches its resting price or the collection is sold out. Click the "Claim rebate" button to receive the difference between your bid and the final price.

Note that deploying a Dutch auction with a gate will initiate an offchain Dutch auction.

Other improvements

Here’s what else we shipped this week:

• Improvements to our homepage to better showcase upcoming events and activations
• Improved share cards for user profiles
• Fixed a bug where embed card mint buttons were changing sizes after a transaction
• 50+ other smaller fixes, improvements, and design updates