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Dutch Auction Mechanism Solidity - https://www.youtube.com/watch?v=JOvjST4dnfI
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// SPDX-License-Identifier: MIT | |
pragma solidity >=0.7.0 <0.9.0; | |
contract Auction { | |
uint256 public immutable startPrice = 5 ether; | |
uint256 public immutable startAt; | |
uint256 public immutable endsAt; | |
uint256 public immutable endPrice = 2 ether; | |
uint256 public immutable discountRate = 0.01 ether; | |
address public donor; | |
uint256 public finalPrice; | |
constructor() { | |
startAt = block.timestamp; | |
endsAt = block.timestamp + 300 minutes; | |
} | |
function price() public view returns (uint256) { | |
if (endsAt < block.timestamp) { | |
return endPrice; | |
} | |
uint256 minutesElapsed = (block.timestamp - startAt) / 60; | |
return startPrice - (minutesElapsed * discountRate); | |
} | |
function receiveMoney() public payable { | |
require(donor == address(0), "Someone has already donated"); | |
require(msg.value >= price(), "Not enough ether sent."); | |
donor = msg.sender; | |
finalPrice = price(); | |
} | |
} |
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