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Aztec Token $AZTEC opens public sale: total supply of 10.35 billion, starting FDV of $350 million

[Chain News] The privacy public blockchain Aztec's token $AZTEC has started its public sale.

A total of 10.35 billion pieces, this time using the on-chain continuous clearing auction (CCA) model. The starting price corresponds to a fully diluted valuation of $350 million - which is a direct discount of 75% from the previous valuation. It is worth noting that U.S. users can also participate.

This round of sales accounts for 21.96% of the total, approximately 2.273 billion coins. This portion includes public auctions, liquidity prepared for Uniswap V4, sales of the genesis sorter, and the Bilateral reserved share.

How are the other tokens distributed? Investors and early supporters take 27.26%, the team 21.06%, the foundation 11.71%. Ecological subsidies 10.73%, future incentives 4.89%, and network rewards in the first year 2.41%.

Sales window: December 2nd to 6th. If you want to participate, you must first complete on-chain identity verification through a soulbound NFT.

What is the use of $AZTEC? Staking, running a sorting node, participating in governance voting, and paying network fees. Regarding inflation, the annual cap does not exceed 20%, and the specific value is determined by community governance.

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StablecoinEnjoyervip
· 11h ago
350 million at a 75% discount? I really don't understand this valuation, it feels a bit crazy.
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wagmi_eventuallyvip
· 11h ago
Selling at a valuation of 350 million, feels a bit cheap, will it fall below the issue price as soon as it goes online...
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AirdropworkerZhangvip
· 12h ago
Starting bids at 25% off? This price is a bit harsh, feels promising.
View OriginalReply0
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