# Parameters The auction module contains the following parameters: | Key | Type | Example | Description | |---------------------|------------------------|------------------------|---------------------------------------------------------------------------------------| | MaxAuctionDuration | string (time.Duration) | "48h0m0s" | | | BidDuration | string (time.Duration) | "3h0m0s" | | | IncrementSurplus | string (dec) | "0.050000000000000000" | percentage change in bid required for a new bid on a surplus auction | | IncrementDebt | string (dec) | "0.050000000000000000" | percentage change in lot required for a new bid on a debt auction | | IncrementCollateral | string (dec) | "0.050000000000000000" | percentage change in either bid or lot required for a new bid on a collateral auction |