Continuous Clearing Auctions are now live on @avax
With this deployment, Avalanche teams can now:
→ Run fully onchain token auctions
→ Discover a credible market price
→ Bootstrap liquidity on Uniswap v4
If you participated in our @Uniswap CCA auction, you can now redeem your $rCAP tokens for $CAP.
Here are the steps:
1) Go to
2) Connect your wallet
3) Click "Redeem $CAP"
4) Confirm your transaction
As CCA becomes a market standard for liquidity bootstrapping, this launch makes it 10x easier for teams to launch CCAs.
Expect the number of CCAs to grow meaningfully.
Teams can now launch token auctions directly from the Uniswap Web App
Onchain price discovery, transparent distribution, and instant liquidity, all without writing a single line of code
Powered by Continuous Clearing Auctions
In-Range vs. Out-of-Range:
In-range means your bid is actively receiving tokens at the current clearing price
Out-of-range means the clearing price exceeded your max FDV (someone else outbid you)
By design, you can only cancel a bid once it goes out of range
we're starting to see @UniswapAuctions become the default way onchain businesses bootstrap liquidity
if you're bidding in any current (@CapApp, @strato_net) or future uniswap auction, here's a definitive guide on understanding how they work
In-Range vs. Out-of-Range:
In-range means your bid is actively receiving tokens at the current clearing price
Out-of-range means the clearing price exceeded your max FDV (someone else outbid you)
By design, you can only cancel a bid once it goes out of range