Maker Protocol - flipper
yank
used during Global Settlement to move tend phase auctions to the End by retrieving the collateral and repaying dai to the highest bidder.
tau
auction length (default: 2 days)
ttl
bid duration (default: 3 hours)
deal
claim a winning bid / settles a completed auction
kick
start an auction / Put collateral up for auction
bids[id: uint]
storage of all bids
vat
storage of the Vat's address
Bid - tab
total dai wanted from the auction / total dai to be raised (in flip auction)
Bid - end
when the auction will finish / max auction duration
kicks
Total auction count, used to track auction ids
Bid - bid
Bid amount (DAI)/ DAI paid
Bid - tic
Bid expiry
flipper
DSS Collateral Auction contract
Bid
State of a specific Auction {bid, lot, guy, tic, end, usr, gal, tab}
Bid - usr
address of the CDP being auctioned. Receives gems during the dent phase
tend
first phase of an auction. Increasing Dai bids for a set lot of Gems
file
function used by governance to set beg, ttl, and tau
Bid - guy
high bidder (address)
ilk
id of the Ilk for which the Flipper is responsible
beg
minimum bid increase (default: 5%)
Bid - lot
quantity up for auction / collateral gems for sale
Bid - gal
recipient of auction income / receives dai income (this is the Vow contract)
tick
restart an auction if there have been 0 bids and the end has passed
debt
second phase of an auction. Set Dai bid for a decreasing lot of Gems