AZTEC public sale tops 15,900 ETH; CCA on-chain pricing sets 98,493 ETH base
AZTEC’s public token sale, using a Continuous Clearing Auction (CCA) developed with Uniswap, has drawn over 15,900 ETH in subscriptions and runs through December 6. The auction is fully on‑chain and auditable; organizers state a base price of 98,493 ETH (implying an approximately $2.8bn fully diluted valuation). The offering covers roughly 14.95% of AZTEC’s total supply and uses market-driven on‑chain price discovery to allocate tokens and set the final clearing price. Traders should monitor on‑chain liquidity provided (including planned Uniswap V4 participation), the speed and trajectory of price discovery during the auction, and dilution risks from the public allocation. Operational details include on‑chain KYC via a soulbound NFT and token utilities such as staking, governance, fee payments and sorter participation; inflation is community-governed with an annual cap (reported previously). Key SEO keywords: AZTEC token sale, CCA on-chain pricing, Uniswap, on-chain auction, token subscription.
Neutral
The news is market‑relevant but presents mixed effects for AZTEC price. Positive factors: strong subscription interest (15,900+ ETH), on‑chain CCA and Uniswap integration improve price discovery, transparency and potential liquidity — all supportive for demand and secondary‑market trading. Negative factors: a sizable public allocation (≈15% of supply) and broader token distribution previously announced introduce dilution risk and scheduled emissions that can weigh on price after listing. Short-term impact may be volatile as the auction discovers price and liquidity is deployed; that uncertainty keeps immediate direction unclear. Over the medium to long term, improved on‑chain liquidity, staking/governance utility and successful decentralization could be bullish if network adoption follows. Given these offsetting forces, the balanced assessment is neutral.