AbstractCorrectly pricing an NFT mint is difficult. Like any economic system, there exists a delicate balance between supply, demand, and price. Equilibrium Auctions are an attempt at dynamically changing price with demand. You can think of these auctions like a generalization of Gradual Dutch Auctions or a hybrid between a bonding curve and a dutch auction.MechanismEquilibrium Auctions have two functions. A time decay and a mint increase function. These two operations act in opposition from ...