sudoswap launches sudoAMM progressive Dutch auction

Odaily News NFT trading protocol sudoswap announced the launch of sudoAMM Gradual Dutch Auctions (GDA), allowing NFTs to be effectively sold or purchased over time. When sold, GDA has a high initial price and then adjusts the price over time, similar to a Dutch auction. Each time a token is sold, the pool price increases, allowing for continuous price discovery. When buying, the initial price is low, increases over time, and then adjusts downwards with each purchase.