Cap token auction is now live for registered users, running for 5 days via Uniswap Auctions.
Ecosystem ·
The Cap Token Auction has become publicly accessible, with participation open to registered users for a five-day window. Uniswap Auctions has published guidance on the mechanics of participating in the auction.
The auction allows any pre-registered participant to take part during the specified timeframe. The guide from Uniswap Auctions walks users through the process of engaging with the token sale mechanism.
It remains unclear what the total cap or allocation size is for the auction, the pricing mechanism or how bids will be settled, or what vesting or lock-up terms apply to tokens acquired through the auction.