Cap launches public fundraising registration, token sale to be conducted via Uniswap CCA mechanism

According to Odaily, Cap Labs Limited has announced that its token sale contract has been deployed on Uniswap, and public sale registration is now live on the Predicate platform. The public sale will begin with a pre-bidding phase at 9:00 AM EST on February 9, utilizing the Continuous Clearing Auction (CCA) mechanism introduced by Uniswap. Cap stated that the token sale will use the CCA supply curve model, with the sale currency adjusted to USDC, and there will be no cap on individual bid amounts.

To participate in this public sale, KYC/KYB registration must be completed. During the bidding phase, users need to set their acceptable maximum FDV and bid amount, and all bids will be settled at a unified price per block.