Spice Bazaar is a unique secondary marketplace for the volatile holdings in the Temple Treasury. These holdings consist of tokens from yield farming, liquidity bootstrapping deals, and vested tokens from Partner activities that were seeded by TempleDAO.
The key to the Spice Bazaar is a fair Auction mechanic that drives cash flow to the Treasury in a sustainable manner through USDS bids for Temple Gold (TGLD), while mitigating price pressure on Partner tokens and promoting further cooperation.
By earning Temple Gold through staking or bidding, both TEMPLE holders and non-holders can transact directly with the Temple Treasury via the two Auction Types as follows:
