> For the complete documentation index, see [llms.txt](https://flare-4.gitbook.io/flare/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://flare-4.gitbook.io/flare/daily-auction-pool-mechanics.md).

# Daily Auction Pool Mechanics

**Weekly Mint X28 Allocation to Auctions:**

* 48% of X28 from each weekly mint is used to buy Flare solely from the X28/Flare pair, and is deposited into the Daily Auction Pool bought up over the following day. The Daily Auction Pool will start with 1Trillion Flare to promote longevity.

**Daily Auction X28 Allocation:**

* 48% of X28 from daily auction participation is used to buy Flare solely from the X28/Flare pair and is deposited into the Daily Auction Pool. Bought up over the following day.

**Distribution Schedule:**

* During Mint Phase: 11% of the pool is used daily for auctions.

**After Mint Phase:** 5% of the pool is used daily for auctions.

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