diff --git a/src/abi/SettlementSale.ts b/src/abi/SettlementSale.ts
index 42ec36c..7d5fd47 100644
--- a/src/abi/SettlementSale.ts
+++ b/src/abi/SettlementSale.ts
@@ -4,6 +4,19 @@ export const settlementSaleAbi = [
     "inputs": [],
     "stateMutability": "nonpayable"
   },
+  {
+    "type": "function",
+    "name": "COMMITMENT_REDUCER_ROLE",
+    "inputs": [],
+    "outputs": [
+      {
+        "name": "",
+        "type": "bytes32",
+        "internalType": "bytes32"
+      }
+    ],
+    "stateMutability": "view"
+  },
   {
     "type": "function",
     "name": "DEFAULT_ADMIN_ROLE",
@@ -135,13 +148,6 @@ export const settlementSaleAbi = [
     ],
     "stateMutability": "view"
   },
-  {
-    "type": "function",
-    "name": "closeCommitment",
-    "inputs": [],
-    "outputs": [],
-    "stateMutability": "nonpayable"
-  },
   {
     "type": "function",
     "name": "entitiesIn",
@@ -187,19 +193,19 @@ export const settlementSaleAbi = [
   },
   {
     "type": "function",
-    "name": "entityStateByID",
+    "name": "entityStatesByIDs",
     "inputs": [
       {
-        "name": "entityID",
-        "type": "bytes16",
-        "internalType": "bytes16"
+        "name": "entityIDs",
+        "type": "bytes16[]",
+        "internalType": "bytes16[]"
       }
     ],
     "outputs": [
       {
         "name": "",
-        "type": "tuple",
-        "internalType": "struct SettlementSale.EntityStateView",
+        "type": "tuple[]",
+        "internalType": "struct SettlementSale.EntityStateView[]",
         "components": [
           {
             "name": "entityID",
@@ -211,11 +217,6 @@ export const settlementSaleAbi = [
             "type": "uint32",
             "internalType": "uint32"
           },
-          {
-            "name": "cancelled",
-            "type": "bool",
-            "internalType": "bool"
-          },
           {
             "name": "refunded",
             "type": "bool",
@@ -258,23 +259,6 @@ export const settlementSaleAbi = [
                 "type": "bytes16",
                 "internalType": "bytes16"
               },
-              {
-                "name": "acceptedAmountByToken",
-                "type": "tuple[]",
-                "internalType": "struct TokenAmount[]",
-                "components": [
-                  {
-                    "name": "token",
-                    "type": "address",
-                    "internalType": "address"
-                  },
-                  {
-                    "name": "amount",
-                    "type": "uint256",
-                    "internalType": "uint256"
-                  }
-                ]
-              },
               {
                 "name": "committedAmountByToken",
                 "type": "tuple[]",
@@ -291,89 +275,9 @@ export const settlementSaleAbi = [
                     "internalType": "uint256"
                   }
                 ]
-              }
-            ]
-          }
-        ]
-      }
-    ],
-    "stateMutability": "view"
-  },
-  {
-    "type": "function",
-    "name": "entityStatesByIDs",
-    "inputs": [
-      {
-        "name": "entityIDs",
-        "type": "bytes16[]",
-        "internalType": "bytes16[]"
-      }
-    ],
-    "outputs": [
-      {
-        "name": "",
-        "type": "tuple[]",
-        "internalType": "struct SettlementSale.EntityStateView[]",
-        "components": [
-          {
-            "name": "entityID",
-            "type": "bytes16",
-            "internalType": "bytes16"
-          },
-          {
-            "name": "bidTimestamp",
-            "type": "uint32",
-            "internalType": "uint32"
-          },
-          {
-            "name": "cancelled",
-            "type": "bool",
-            "internalType": "bool"
-          },
-          {
-            "name": "refunded",
-            "type": "bool",
-            "internalType": "bool"
-          },
-          {
-            "name": "currentBid",
-            "type": "tuple",
-            "internalType": "struct SettlementSale.Bid",
-            "components": [
-              {
-                "name": "lockup",
-                "type": "bool",
-                "internalType": "bool"
               },
               {
-                "name": "price",
-                "type": "uint64",
-                "internalType": "uint64"
-              },
-              {
-                "name": "amount",
-                "type": "uint256",
-                "internalType": "uint256"
-              }
-            ]
-          },
-          {
-            "name": "walletStates",
-            "type": "tuple[]",
-            "internalType": "struct SettlementSale.WalletStateView[]",
-            "components": [
-              {
-                "name": "addr",
-                "type": "address",
-                "internalType": "address"
-              },
-              {
-                "name": "entityID",
-                "type": "bytes16",
-                "internalType": "bytes16"
-              },
-              {
-                "name": "acceptedAmountByToken",
+                "name": "cancelledAmountByToken",
                 "type": "tuple[]",
                 "internalType": "struct TokenAmount[]",
                 "components": [
@@ -390,7 +294,7 @@ export const settlementSaleAbi = [
                 ]
               },
               {
-                "name": "committedAmountByToken",
+                "name": "acceptedAmountByToken",
                 "type": "tuple[]",
                 "internalType": "struct TokenAmount[]",
                 "components": [
@@ -444,11 +348,6 @@ export const settlementSaleAbi = [
             "type": "uint32",
             "internalType": "uint32"
           },
-          {
-            "name": "cancelled",
-            "type": "bool",
-            "internalType": "bool"
-          },
           {
             "name": "refunded",
             "type": "bool",
@@ -492,7 +391,7 @@ export const settlementSaleAbi = [
                 "internalType": "bytes16"
               },
               {
-                "name": "acceptedAmountByToken",
+                "name": "committedAmountByToken",
                 "type": "tuple[]",
                 "internalType": "struct TokenAmount[]",
                 "components": [
@@ -509,7 +408,24 @@ export const settlementSaleAbi = [
                 ]
               },
               {
-                "name": "committedAmountByToken",
+                "name": "cancelledAmountByToken",
+                "type": "tuple[]",
+                "internalType": "struct TokenAmount[]",
+                "components": [
+                  {
+                    "name": "token",
+                    "type": "address",
+                    "internalType": "address"
+                  },
+                  {
+                    "name": "amount",
+                    "type": "uint256",
+                    "internalType": "uint256"
+                  }
+                ]
+              },
+              {
+                "name": "acceptedAmountByToken",
                 "type": "tuple[]",
                 "internalType": "struct TokenAmount[]",
                 "components": [
@@ -545,6 +461,36 @@ export const settlementSaleAbi = [
     "outputs": [],
     "stateMutability": "nonpayable"
   },
+  {
+    "type": "function",
+    "name": "forceReduceCommitment",
+    "inputs": [
+      {
+        "name": "reductions",
+        "type": "tuple[]",
+        "internalType": "struct WalletTokenAmount[]",
+        "components": [
+          {
+            "name": "wallet",
+            "type": "address",
+            "internalType": "address"
+          },
+          {
+            "name": "token",
+            "type": "address",
+            "internalType": "address"
+          },
+          {
+            "name": "amount",
+            "type": "uint256",
+            "internalType": "uint256"
+          }
+        ]
+      }
+    ],
+    "outputs": [],
+    "stateMutability": "nonpayable"
+  },
   {
     "type": "function",
     "name": "getRoleAdmin",
@@ -703,6 +649,16 @@ export const settlementSaleAbi = [
             "type": "bool",
             "internalType": "bool"
           },
+          {
+            "name": "reduceCommitmentEnabled",
+            "type": "bool",
+            "internalType": "bool"
+          },
+          {
+            "name": "skipPreOpen",
+            "type": "bool",
+            "internalType": "bool"
+          },
           {
             "name": "maxWalletsPerEntity",
             "type": "uint8",
@@ -1146,6 +1102,49 @@ export const settlementSaleAbi = [
     "outputs": [],
     "stateMutability": "nonpayable"
   },
+  {
+    "type": "function",
+    "name": "reduceCommitment",
+    "inputs": [
+      {
+        "name": "reductions",
+        "type": "tuple[]",
+        "internalType": "struct WalletTokenAmount[]",
+        "components": [
+          {
+            "name": "wallet",
+            "type": "address",
+            "internalType": "address"
+          },
+          {
+            "name": "token",
+            "type": "address",
+            "internalType": "address"
+          },
+          {
+            "name": "amount",
+            "type": "uint256",
+            "internalType": "uint256"
+          }
+        ]
+      }
+    ],
+    "outputs": [],
+    "stateMutability": "nonpayable"
+  },
+  {
+    "type": "function",
+    "name": "reduceCommitmentEnabled",
+    "inputs": [],
+    "outputs": [
+      {
+        "name": "",
+        "type": "bool",
+        "internalType": "bool"
+      }
+    ],
+    "stateMutability": "view"
+  },
   {
     "type": "function",
     "name": "renounceRole",
@@ -1501,6 +1500,19 @@ export const settlementSaleAbi = [
     "outputs": [],
     "stateMutability": "nonpayable"
   },
+  {
+    "type": "function",
+    "name": "setReduceCommitmentEnabled",
+    "inputs": [
+      {
+        "name": "enabled",
+        "type": "bool",
+        "internalType": "bool"
+      }
+    ],
+    "outputs": [],
+    "stateMutability": "nonpayable"
+  },
   {
     "type": "function",
     "name": "stage",
@@ -1571,6 +1583,44 @@ export const settlementSaleAbi = [
     ],
     "stateMutability": "view"
   },
+  {
+    "type": "function",
+    "name": "totalCancelledAmount",
+    "inputs": [],
+    "outputs": [
+      {
+        "name": "",
+        "type": "uint256",
+        "internalType": "uint256"
+      }
+    ],
+    "stateMutability": "view"
+  },
+  {
+    "type": "function",
+    "name": "totalCancelledAmountByToken",
+    "inputs": [],
+    "outputs": [
+      {
+        "name": "",
+        "type": "tuple[]",
+        "internalType": "struct TokenAmount[]",
+        "components": [
+          {
+            "name": "token",
+            "type": "address",
+            "internalType": "address"
+          },
+          {
+            "name": "amount",
+            "type": "uint256",
+            "internalType": "uint256"
+          }
+        ]
+      }
+    ],
+    "stateMutability": "view"
+  },
   {
     "type": "function",
     "name": "totalCommittedAmount",
@@ -1685,19 +1735,19 @@ export const settlementSaleAbi = [
   },
   {
     "type": "function",
-    "name": "walletStateByAddress",
+    "name": "walletStatesByAddresses",
     "inputs": [
       {
-        "name": "addr",
-        "type": "address",
-        "internalType": "address"
+        "name": "addrs",
+        "type": "address[]",
+        "internalType": "address[]"
       }
     ],
     "outputs": [
       {
         "name": "",
-        "type": "tuple",
-        "internalType": "struct SettlementSale.WalletStateView",
+        "type": "tuple[]",
+        "internalType": "struct SettlementSale.WalletStateView[]",
         "components": [
           {
             "name": "addr",
@@ -1709,23 +1759,6 @@ export const settlementSaleAbi = [
             "type": "bytes16",
             "internalType": "bytes16"
           },
-          {
-            "name": "acceptedAmountByToken",
-            "type": "tuple[]",
-            "internalType": "struct TokenAmount[]",
-            "components": [
-              {
-                "name": "token",
-                "type": "address",
-                "internalType": "address"
-              },
-              {
-                "name": "amount",
-                "type": "uint256",
-                "internalType": "uint256"
-              }
-            ]
-          },
           {
             "name": "committedAmountByToken",
             "type": "tuple[]",
@@ -1742,40 +1775,9 @@ export const settlementSaleAbi = [
                 "internalType": "uint256"
               }
             ]
-          }
-        ]
-      }
-    ],
-    "stateMutability": "view"
-  },
-  {
-    "type": "function",
-    "name": "walletStatesByAddresses",
-    "inputs": [
-      {
-        "name": "addrs",
-        "type": "address[]",
-        "internalType": "address[]"
-      }
-    ],
-    "outputs": [
-      {
-        "name": "",
-        "type": "tuple[]",
-        "internalType": "struct SettlementSale.WalletStateView[]",
-        "components": [
-          {
-            "name": "addr",
-            "type": "address",
-            "internalType": "address"
-          },
-          {
-            "name": "entityID",
-            "type": "bytes16",
-            "internalType": "bytes16"
           },
           {
-            "name": "acceptedAmountByToken",
+            "name": "cancelledAmountByToken",
             "type": "tuple[]",
             "internalType": "struct TokenAmount[]",
             "components": [
@@ -1792,7 +1794,7 @@ export const settlementSaleAbi = [
             ]
           },
           {
-            "name": "committedAmountByToken",
+            "name": "acceptedAmountByToken",
             "type": "tuple[]",
             "internalType": "struct TokenAmount[]",
             "components": [
@@ -1907,31 +1909,6 @@ export const settlementSaleAbi = [
     ],
     "anonymous": false
   },
-  {
-    "type": "event",
-    "name": "BidCancelled",
-    "inputs": [
-      {
-        "name": "entityID",
-        "type": "bytes16",
-        "indexed": true,
-        "internalType": "bytes16"
-      },
-      {
-        "name": "wallet",
-        "type": "address",
-        "indexed": true,
-        "internalType": "address"
-      },
-      {
-        "name": "amount",
-        "type": "uint256",
-        "indexed": false,
-        "internalType": "uint256"
-      }
-    ],
-    "anonymous": false
-  },
   {
     "type": "event",
     "name": "BidPlaced",
@@ -1987,6 +1964,68 @@ export const settlementSaleAbi = [
     ],
     "anonymous": false
   },
+  {
+    "type": "event",
+    "name": "CommitmentIncreased",
+    "inputs": [
+      {
+        "name": "entityID",
+        "type": "bytes16",
+        "indexed": true,
+        "internalType": "bytes16"
+      },
+      {
+        "name": "wallet",
+        "type": "address",
+        "indexed": true,
+        "internalType": "address"
+      },
+      {
+        "name": "token",
+        "type": "address",
+        "indexed": true,
+        "internalType": "address"
+      },
+      {
+        "name": "amount",
+        "type": "uint256",
+        "indexed": false,
+        "internalType": "uint256"
+      }
+    ],
+    "anonymous": false
+  },
+  {
+    "type": "event",
+    "name": "CommitmentReduced",
+    "inputs": [
+      {
+        "name": "entityID",
+        "type": "bytes16",
+        "indexed": true,
+        "internalType": "bytes16"
+      },
+      {
+        "name": "wallet",
+        "type": "address",
+        "indexed": true,
+        "internalType": "address"
+      },
+      {
+        "name": "token",
+        "type": "address",
+        "indexed": true,
+        "internalType": "address"
+      },
+      {
+        "name": "amount",
+        "type": "uint256",
+        "indexed": false,
+        "internalType": "uint256"
+      }
+    ],
+    "anonymous": false
+  },
   {
     "type": "event",
     "name": "EntityInitialized",
@@ -2114,6 +2153,19 @@ export const settlementSaleAbi = [
     ],
     "anonymous": false
   },
+  {
+    "type": "event",
+    "name": "ReduceCommitmentEnabledChanged",
+    "inputs": [
+      {
+        "name": "enabled",
+        "type": "bool",
+        "indexed": false,
+        "internalType": "bool"
+      }
+    ],
+    "anonymous": false
+  },
   {
     "type": "event",
     "name": "RefundedEntitySkipped",
@@ -2347,11 +2399,6 @@ export const settlementSaleAbi = [
         "name": "entityID",
         "type": "bytes16",
         "internalType": "bytes16"
-      },
-      {
-        "name": "acceptedAmount",
-        "type": "uint256",
-        "internalType": "uint256"
       }
     ]
   },
@@ -2397,17 +2444,6 @@ export const settlementSaleAbi = [
       }
     ]
   },
-  {
-    "type": "error",
-    "name": "BidAlreadyCancelled",
-    "inputs": [
-      {
-        "name": "entityID",
-        "type": "bytes16",
-        "internalType": "bytes16"
-      }
-    ]
-  },
   {
     "type": "error",
     "name": "BidAmountCannotBeLowered",
@@ -2726,6 +2762,47 @@ export const settlementSaleAbi = [
       }
     ]
   },
+  {
+    "type": "error",
+    "name": "ReduceCommitmentDisabled",
+    "inputs": []
+  },
+  {
+    "type": "error",
+    "name": "ReductionExceedsReducibleAmount",
+    "inputs": [
+      {
+        "name": "entityID",
+        "type": "bytes16",
+        "internalType": "bytes16"
+      },
+      {
+        "name": "wallet",
+        "type": "address",
+        "internalType": "address"
+      },
+      {
+        "name": "token",
+        "type": "address",
+        "internalType": "address"
+      },
+      {
+        "name": "amount",
+        "type": "uint256",
+        "internalType": "uint256"
+      },
+      {
+        "name": "committed",
+        "type": "uint256",
+        "internalType": "uint256"
+      },
+      {
+        "name": "allocated",
+        "type": "uint256",
+        "internalType": "uint256"
+      }
+    ]
+  },
   {
     "type": "error",
     "name": "SafeERC20FailedOperation",
diff --git a/src/hooks.ts b/src/hooks.ts
index eb13802..fa08ad1 100644
--- a/src/hooks.ts
+++ b/src/hooks.ts
@@ -77,21 +77,21 @@ export const useSaleContract = (saleSpecificEntityID: Hex) => {
 
       setTxHash(bidHash);
     },
-    [writeContractAsync, config]
+    [writeContractAsync, config],
   );
 
-  const { data: entityState, error: entityStateError } = useReadContract({
+  const { data: entityStates, error: entityStateError } = useReadContract({
     address: saleContract,
     abi: settlementSaleAbi,
-    functionName: "entityStateByID",
-    args: [saleSpecificEntityID],
+    functionName: "entityStatesByIDs",
+    args: [[saleSpecificEntityID]],
     query: {
       refetchInterval: 3000,
     },
   });
 
   return {
-    entityState,
+    entityState: entityStates?.[0],
     entityStateError,
     commitWithPermit,
     awaitingTxReceipt,