0g-chain/x/auction/spec/05_params.md
Denali Marsh 2d7f5c4080
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# 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 |