How the 24-hour execution mechanism works in the contract? #408
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solimander
cdt-eth
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Solidity / smart contracts
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How the 24-hour execution mechanism works in the contract? |
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Answered by
solimander
Mar 30, 2022
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When the auction is kicked off, the auction's Once the current |
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When the auction is kicked off, the auction's
startTimeis set to theblock.timestampand itsendTimeis set to startTime + duration. See here.Once the current
block.timestampis greater than or equal to theendTime, the auction is considered to have ended. At this time, you cannot place a bid anymore. You can only settle the auction, which subsequently kicks off the next auction. See here.