Codex Recovery Auction

vac:tke::codex:recovery-auction

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gantt
	dateFormat YYYY-MM-DD
	section Codex
		Recovery Auction :, 2024-10-01, 2024-12-31

• status: 0%
• CC: Frederico

Description

Define details of the auction mechanisms for the slot recovery.

Justification

As part of Codex Technical Milestones #6 (“Data Repair”).

Deliverables

• Modeling and Simulations of the auction mechanism
• One section of the Codex Litepaper “Modeling” chapter (the milestones contract-initiation, contract-matching, contract-defaults, contract-finalization, proof-aggregators, slot-repair, and tax-system cover the remaining parts of this chapter).

Tracking Metrics

• Timely delivery of the report
• Agreement with Codex team and stakeholders

Work breakdown

• Define what triggers and ends the auction recovery mechanism
• Design the Dutch Auction
• Evaluate impact on CDX price stability

 Perceived Risks Technical and legal constraints.