LEADERLESS AUCTIONS

Summary from the TLDR Crypto newsletter

A new concept called Leaderless Auctions could be the solution for "last look" problems that arise in decentralized auctions. Leaderless Auctions require participants to commit all their bids simultaneously, making for a more even playing field. Auction results can be finalized on-chain and efficiently verified via signature aggregation. The protocol has limitations such as latency variations and undisguised public bids.