Private Auctions
CONFIDENTIAL_AUCTION_USER_GUIDE.md
Boundary
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Open raw filePrivate Auctions
PrivateDAO Confidential Auctions let an organizer select a winner without exposing live bids while bidding is open.
Create
Connect the organizer wallet, enter what is being bid for, choose a closing time, and create the auction.
Invite and bid
The organizer authorizes bidder wallets. Each bidder connects the authorized wallet and submits a private amount. Other bidders cannot see the amount or ranking during the active session.
Close and verify
After the deadline, the organizer closes the session. The final result is committed to Solana. Anyone can open the public receipt without a wallet.
Private bids are not displayed on the public receipt.