Secondary Market

Secondary Market

The structure the secondary market so that a concentrated selling back is feasible

The main purpose of this market is to account for information differences over time - builders might realize they cannot fill a block; or they might need more space The base fee is not known at the time of the primary market; so there should be updates regarding the base fee happening with before-strike-time blocks being minted. This also affects the initial pricing we offer.

Market Side Effects

It is unclear what allocation we will have from the primary market, as a winner-takes all is possible