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Metronome Contract Focus: The Proceeds Contract

Last week, we highlighted how users can participate in the daily auctions. But even people who have followed Metronome for some time ask “What happens to the proceeds from those auctions?”

Metronome is unique in that the authors do not receive the proceeds from the auctions. In fact, no one does. The proceeds are best thought of as a community asset, stored in a locked box.

Read the full article here.