Repair
The Auction · epoch —
assetburnedshare
Burn to Bid
pick the next denominator

choose an asset and an amount. bids are burns.

connect to bid

Settle the Epoch
anyone can settle once the epoch ends.winner now: —

if the challenger beats the sitting bids by 20%, the whole reserve swaps into it and the pool re-opens quoted there. otherwise the pair holds and a new epoch opens.