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BE: Random Winner generator
I as Auction executioner logic, want to generate a random winner when there are more than one bid winner (applicable only on the 3rd run).
Checklist:
- Provide the list of participants (Only those participants who have yet to withdraw the fund amount)
- register the winner with fund Borrower List
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task list test
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BE: participant's fund withdrawal
As part of monthly auction, the winner of the auction, where the participant shall withdraw the fund amount, shall therefore be registered with system so that these participants will not be considered as part of next months auctions.
Functions:
- Register the auction winner.
- Auction details
Parameters:
Register auction winner:
- Participant address
- fund address
- Withdrawn fund amount
- The month no. of the fund duration
Auction details, list of
- Participant address
- fund address
- Withdrawn fund amount
- The month no. of the fund duration
BE: Stop-loss
BE: Manual auction bid
As UI-component I want to be able to register fund participants monthly auction, to qualify for auction execution.
Details:
- I pass on the monthly bidding value, which has to be lower than the monthly fund value (amount in the pot)
- Participant account address
- Validation: This participant should be the one who has not withdrew the funds in earlier months( Solely those you have not withdrawn so far)
- Fund address
- I pass on the participants consent to participate in the monthly auction
- I pass on the auction iteration number
BE: Auction executioner
As demon thread, I want to be able to execute monthly auction.
Rule: Manual participation in Auction only for 3 times with 48hrs frame for each auction, to cover all time zones.
Auction initiation (the lowest quotation user will win)
Logic:
Scheduler{ (Runs 3times, after 48hrs from first run, eg. 1st run starts on 15th every month)
Fetch all_intent_participants_auction_amount_quote
Find out the Lowest_auction_amount_quote
Register the winner against the Run-number ( for GUI purpose)
Notify/ Tag GUI to prepare for next run
3rd (and last) run
invoke ---notify the participant block---
}
------------------- notify the participant block------------------------------
if more_than_one_participant_qualify
then invoke Random Winner generator
else notify the single lucky winner/ participant
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