X @Uniswap Labs 🦄

RT Hayden Adams 🦄 (@haydenzadams)First Uniswap CCA auction is done, and it was beautiful$59m in bids. No sniping, bundling, timing gamesJust slow, fair price discovery ending at 59% above the floor — with literally days to bid earlier and get a better average priceEven if you bid $10b fdv on the first day, you would not have overpaid, and instead executed at a dca price between floor and clearingAnd now, a large portion of the auction proceeds and reserve of tokens will be used to seed a Uniswap v4 pool tha ...