From 7a8752d02d94e0e8a9a15065677536f304418475 Mon Sep 17 00:00:00 2001 From: Taylor Brent Date: Wed, 31 Jul 2024 14:39:09 -0400 Subject: [PATCH] mev.md --- docs/mev.md | 8 ++++---- 1 file changed, 4 insertions(+), 4 deletions(-) diff --git a/docs/mev.md b/docs/mev.md index 19668622b7..023b6527fd 100644 --- a/docs/mev.md +++ b/docs/mev.md @@ -67,9 +67,9 @@ Bidding instructions from the `DutchTrade` contract: `DutchTrade` (relevant) interface: ```solidity -function bid() external; // execute a bid at the current block number via transferFrom +function bid() external; // execute a bid at the current block via transferFrom -function bidWithCallback(bytes memory data) external; // execute a bid at the current block number with post-hook callback for transfer of tokens +function bidWithCallback(bytes memory data) external; // execute a bid at the current block with post-hook callback for transfer of tokens function sell() external view returns (IERC20); @@ -79,7 +79,7 @@ function status() external view returns (uint8); // 0: not_started, 1: active, 2 function lot() external view returns (uint256); // {qSellTok} the number of tokens being sold -function bidAmount(uint256 blockNumber) external view returns (uint256); // {qBuyTok} the number of tokens required to buy the lot, at a particular block number +function bidAmount(uint48 timestamp) external view returns (uint256); // {qBuyTok} the number of tokens required to buy the lot, at a particular timestamp ``` @@ -93,7 +93,7 @@ OR 1. Call `status()` view; the auction is ongoing if return value is 1 2. Call `lot()` to see the number of tokens being sold -3. Call `bidAmount()` to see the number of tokens required to buy the lot, at various block numbers +3. Call `bidAmount()` to see the number of tokens required to buy the lot, at various timestamps 4. After finding an attractive bidAmount, provide an approval for the `buy()` token. The spender should be the `DutchTrade` contract. **Note**: it is very important to set tight approvals! Do not set more than the `bidAmount()` for the desired bidding block else reorgs present risk. 5. Wait until the desired block is reached (hopefully not in the first 40% of the auction)