Aztec launches token sale with an initial total supply of 10.35 billion tokens.
Odaily Planet Daily reports that Aztec, a privacy-focused blockchain project, announced the launch of its AZTEC token public sale on the X platform, with a total supply of 10.35 billion tokens. This sale will be conducted via on-chain Continuous Liquidation Auction (CCA), with a starting fully diluted valuation (FDV) of $350 million, representing a discount of approximately 75% from the previous valuation. US users are eligible to participate. This token sale accounts for 21.96% of the total supply, approximately 2.273 billion tokens, including the public auction, Uniswap V4 liquidity pool, genesis orderer sale, and Bilateral reservations. The remaining tokens are allocated as follows: Investors and early supporters 27.26%, Team 21.06%, Foundation 11.71%, Ecosystem grants 10.73%, Future incentives 4.89%, and Y1 network rewards 2.41%.
