Build a Leaderless Shielded Bids Auction Reference Implementation for OTC Auction using Shutter Network

Abstract

We propose building a reference implementation for OTC auction using Shutter Network's commit-reveal capabilities. This implementation will create a transparent, trustless environment for SAFT and locked token trading, addressing market inefficiencies while maintaining privacy and preventing information asymmetry. The goal is to drive Shutter Network's adoption across diverse use cases and stakeholders. The system will be production-ready and support full stakeholder integration with Shutter Network's environment.

Problem Statement

This implementation will used as a foundat…