Recurring liquidity auction · Robinhood Chain
The highest bid
wins the pool.
Every round, anyone can bid ETH. When the round closes, the top bid goes straight into the liquidity pool, permanently. The winner buys $OUTCRY at a discount. Everyone else gets their ETH back.
The Pit
Live auction board
Example round, for illustration only, not real data
| Round | High bid | Winner | Added to pool | Payout |
|---|---|---|---|---|
| #118 | 0.41 ETH | 0x8f2…c91 | +0.41 ETH, locked | 18,220 $OUTCRY |
| #117 | 0.29 ETH | 0x1a7…4b0 | +0.29 ETH, locked | 12,890 $OUTCRY |
| #116 | 0.63 ETH | 0xd44…7e2 | +0.63 ETH, locked | 27,540 $OUTCRY |
Mechanism
How one round works
Fifteen minutes, start to settle. No round carries funds into the next one.
Round opens
Anyone can send ETH as a bid while the round is open. Only the current highest bid matters.
Losers refunded
Get outbid and your ETH becomes withdrawable immediately. Nothing sits locked in a bid you lost.
Pool goes deeper
Anyone can trigger settlement once time's up. The winning ETH is paired with reserve tokens and added to the pool. The LP position is burned, so that liquidity can never be pulled again, by anyone, including the team.
Winner gets tokens
The winning bidder receives $OUTCRY from the reserve at a set discount to pool price, whenever the reserve has funds. Next round opens right away.
Why It Works
Old idea, new floor.
For over a century, exchanges like the Chicago Board of Trade set prices this way: traders shouting bids across a pit, backed by hand signals for price and size. No screens, no order book, just the loudest confirmed bid winning in real time. Electronic trading replaced almost all of it by the 2010s. Open Outcry brings the format back as a liquidity mechanism instead of a trading floor.
Protocol-owned liquidity
Trading ETH for discounted tokens that fund permanent liquidity is a known DeFi pattern, popularized by Olympus DAO's bonding in 2021. That's not new. What's new here is running it in short, repeating, public rounds instead of a continuous offer, and doing it natively on Robinhood Chain.
Why short rounds
A 15-minute round resolves inside an afternoon, not a week. You can watch several rounds settle, see the pool actually get deeper, before you've finished your coffee.
Why it's honest
Every burned LP position and every settled round is checkable on Robinhood Chain's explorer. Nothing here depends on trusting a promise, only on reading the chain.
Tokenomics
Planned parameters
Fixed at launch, not live figures. These are the numbers the contract will be deployed with; check back here or on-chain once $OUTCRY is live.
Docs
Before you bid
Where does the discount payout come from?
A reserve of $OUTCRY that starts at zero. Anyone, including us, can top it up at any time, in any amount, there's no fixed pile set aside upfront. While it's empty or low, rounds still run and the winning ETH still locks into the pool, permanently, winners just don't get a token payout until it's funded. The board shows the real balance, not a promise.
Can the team pull the added liquidity?
No. Every LP position created by a settled round is burned on settlement. That's a contract-level guarantee, not a promise, verifiable on the explorer.
What if nobody bids in a round?
Then nothing happens, the round settles with zero added, and the next one opens. Rounds don't carry a minimum or a penalty for going quiet.
Is the contract audited?
Not yet. It won't go to mainnet with real funds until it has been. This is stated here so it's true before launch, not walked back after.