Hyperliquid 的拍賣機制如何運作：簡單解釋

這是 @HyperliquidX 對 HIP-1 提案的（超級）簡單解釋。

Hyperliquid's unique bidding mechanism for listing tokens on its spot exchange is designed to ensure fairness and scarcity. Every 31 hours, a new listing right becomes available through an auction. The starting price is double the previous auction price, gradually decreasing until someone purchases it. This mechanism allows anyone to participate in listing tokens, as long as they find the price acceptable. The 31-hour interval helps maintain scarcity and uniqueness among tokens on the platform.

Hyperliquid 在其現貨交易所上架設代幣的獨特競價機制旨在確保公平性和稀缺性。每 31 小時，就會透過拍賣獲得新的掛牌權。起始價格是先前拍賣價格的兩倍，然後逐漸下降，直到有人購買為止。這種機制允許任何人參與上幣，只要他們認為價格可以接受。 31小時的間隔有助於維持平台上代幣的稀缺性和唯一性。