Auction extensions should provide fair opportunities for all bidders without allowing manipulation of timing.
The auction extension mechanism can be exploited by front-runners who can monitor pending transactions and place bids just before auction end, repeatedly extending auctions to gain unfair advantages.
Likelihood:
MEV bots and sophisticated bidders can easily exploit this mechanism
Occurs whenever auctions are in their final extension period
Impact:
Unfair bidding advantages for sophisticated users with better infrastructure
Potential manipulation of auction timing
BidBeast marketplace contains a flaw in its auction timing mechanism. This causes the contract to miscalculate the actual end time of an auction, resulting in auctions that either conclude prematurely or run longer than specified.
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