// MODE_02 · OPEN_ASKS
Auctioneer over/under
Live auctions with an open line. Go OVER ▲ if you think it hammers over the line, UNDER ▼ if under. The final hammer settles the book — no oracle, no leverage.
// HOW_IT_SETTLES
Settles on the auction's final hammer price. OVER wins if hammer > the line; UNDER wins if hammer < the line; exactly equal is a PUSH (all stakes refunded, no fee). Winners split the total pool minus a fee, pro-rata. Payouts ≤ pool − fee — losers fund winners; the contract can never pay more than it holds. If no one takes the other side, your stake is returned in full. Payout figures are estimates that move as the pool fills.
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