diff --git a/docs/flame/flame-testnet.md b/docs/flame/flame-testnet.md index acabd3e5..90bc610b 100644 --- a/docs/flame/flame-testnet.md +++ b/docs/flame/flame-testnet.md @@ -39,12 +39,12 @@ Your settings should be the following: ## Auctioneer -The top of the block (ToB) in a DeFi-enabled rollup is particularly valuable -because it provides an execution guarantee. Flame’s trusted Auctioneer simply -needs to allocate, sign and include the auction-winning bundle in the -sequencing-layer block. Flame’s execution enforces a sequencing rule that places -the Auctioneer’s signed `Allocation` deterministically at the top of the block -it was successfully included in. +The top-of-block is valuable in a financial environment because it provides an +execution guarantee. Flame uses a trusted top-of-block sequencing rule to +designate a trusted operator to conduct a sealed-bid, first-price auction for +top-of-block execution, and submit the result for sequencing. The sequencing +rule ensures the signed auction result is executed first, provided it is +included in the block and signed by the trusted auctioneer. Auctioneer RPC URL: {{config.flame.dawn.info.auctioneer_rpc_url}} @@ -54,9 +54,8 @@ Flame’s Auctioneer runs a first price auction for a bundle, restricted to a sl Bundles/bids submitted to the Auctioneer are simulated against the latest block to calculate the bid paid to the Auctioneer. :::tip -*Since V1 uses `eth_sendTransaction` for submission, only single transaction -bids are supported. Bids are calculated from the tip paid by the transaction. -The calculation is as follows:* +*The current version of the trusted auctioneer supports `eth_sendTransaction` for submission. +Bids are calculated from the tip paid by the transaction as follows:* `totalFee = tx.Gas * min(tx.GasTipCap, tx.GasFeeCap - tx.baseFee)` :::