Strato Announces CCA Token Auction
Summary
STRATO announces its token auction using Uniswap's Continuous Clearing Auction (CCA) model. The post explains CCA benefits: real-time market pricing, on-chain transparency, and fair distribution that reduces sniping and bot advantages. Community members are invited to register for the whitelist to participate from day one.
Why did we choose @uniswap’s CCA model for our token auction?
Real pricing: Unlike fixed-price sales, CCAs find the market-clearing price in real-time.
Transparency: Everything is done on-chain and permissionlessly, allowing anyone to participate.
Fair Distribution: Fixed-price sales and Dutch auctions reward whoever submits fastest, including snipers and bots. A CCA spreads each bid across the auction’s remaining blocks, so bidders compete on valuation rather than speed.
Turning gold back into money is a community project. The CCA is the fairest way to bring that community in from day one.
Register for the whitelist at:
👉 https://t.co/gmgDg0yRkH
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