Aztec Network Opens Token Sale via Uniswap’s New CCA Model
The post Aztec Network Opens Token Sale via Uniswap’s New CCA Model appeared on BitcoinEthereumNews.com.
[Zug, Nov. 13, 2025] Aztec Network, the privacy-native Layer 2 on Ethereum, today announced its token sale, with registration for the token sale beginning today at 3 pm CET. The token sale will leverage Uniswap Labs’ newly launched Continuous Clearing Auction (CCA), a set of smart contracts developed with Aztec as a core contributor that aims to make token distribution more transparent and accessible to a broader audience. Aztec will be the first project to leverage CCA, “Fair, community access should be the foundation of token launches,” said Zac Williamson, Co-Founder of Aztec Network. “Given that the current system heavily favors insiders and whales over long-standing community members, CCA will. It completely changes that unjust dynamic and demonstrates our shared commitment to building infrastructure that truly serves the community.” Rather than conducting a traditional airdrop, Aztec’s token sale uses the CCA protocol to prioritize fairness, accessibility, and fair price discovery for community members who wish to help bootstrap the network’s decentralized staking set and participate in network governance. The community-first distribution offers a starting floor price based on a $350 million fully diluted valuation (FDV), which represents an approximate discount of 75% to an implied network valuation (based on the latest valuation from Aztec Labs’ equity financings). The auction also features per-user participation caps to give community members genuine, bid-clearing opportunities to participate. The CCA protocol aims to address the current challenges in token distribution, where retail participants are often disadvantaged against whales and institutions that hold large amounts of money. “For the past several months, we’ve worked closely with Uniswap Labs as contributors on the CCA protocol,” said Joe Andrews, President and Co-founder at Aztec Labs. “This launch is a first for Ethereum; we have incorporated zero-knowledge proofs into the sale smart contracts by using ZkPassport’s Noir circuits to…
Filed under: News - @ November 14, 2025 7:41 am