The time period for bidding in each auction
Important: The time period for bidding in Degen Dog auctions is not the same for every dog.
The auction cadence refers to the time periods of each auction. To start, the auctions will be quite short and then get longer, eventually stabilizing at one auction every 24 hours.
Another way to think about the auction cadence is the number of Dogs that are auctioned each day.
The reason for faster auction cadence at the beginning is to quickly establish a community of Dog Owners, each of whom is a member of the DAO. Each Dog owner benefits from the proceeds of future auctions, and this cadence schedule enables the community to form towards the common goal of promoting future auctions.