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How do Dutch Auctions Work?In a Dutch auction, the price of a given token starts at an initial price (ceiling) and drops by a fixed amount periodically (eg $0.10 every 5 minutes).Participants place bids for the number of tokens they want to purchase and the price per token that they are willing to pay.As the auction price declines, bids placed at a price above the current auction price will be accepted in the order that they were received.The auction ends when (a) current demand meets or exceeds...