Cap Launches Public Sale Registration, Token Sale to be Conducted via Uniswap CCA Mechanism

Odaily News: Cap Labs Limited announced that its token sale contract has been deployed to Uniswap, with public sale registration simultaneously going live on the Predicate platform. This public sale will commence pre-bidding at 9:00 AM EST on February 9th and will utilize the Continuous Clearing Auction (CCA) mechanism launched by Uniswap. Cap stated that it will employ CCA's supply curve model for token sales, with the sale currency adjusted to USDC, and there is no upper limit on individual bid amounts.

Participation in this public sale requires completion of KYC/KYB registration. During the bidding phase, users need to set their acceptable maximum FDV and bid amount. All bids will be settled at a uniform price per block.