I just saw good news now, the Rainbow platform issued its token RNBW and decided to sell it through an auction on Uniswap. The idea is they used the CCA protocol, which is a slightly newer method for issuance.



The timeline was a bit tight: pre-registration from February 2 to February 3, and the auction itself took place on the same day and ended on February 5. The starting price was $0.10 per unit, and the available supply was only 5 million tokens (0.5% of the total), with payment accepted in USDC.

What you need to know: after the auction ended, participants could withdraw the tokens directly from Uniswap, and trading opened on the Base network. But if you look at the price now, it’s dropped to about $0.01, meaning the price has fallen a bit from the initial price. The scene has changed a bit since then!
RNBW-1.26%
USDC0.01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin