Continuous Clearing Auctions: Bootstrapping Liquidity on Uniswap v4
AI summary of the linked articleUniswap has announced Continuous Clearing Auctions (CCA), a permissionless protocol that helps teams bootstrap liquidity on Uniswap v4 and find the market price for new and low-liquidity tokens. Built in collaboration with Aztec, the first project to launch with CCA, the protocol includes an optional ZK Passport module for private, verifiable participation. Each block's supply is sold at a single market-clearing price, the highest price at which that block's tokens can all be sold, and when the auction ends, proceeds automatically create a Uniswap v4 pool at the discovered price. The Continuous Clearing Auction contract is now live for anyone to use. |
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