Rainbow: RNBW CCA on Uniswap will start on February 3rd

ETH-1,91%

Odaily Planet Daily reports that Rainbow announced on the X platform that the details and schedule for RNBW on Uniswap’s CCA are as follows:

Monday, February 2: Pre-commitment opens at 10:00 AM Eastern Time.

Tuesday, February 3: Pre-commitment ends at 10:00 AM Eastern Time, and CCA begins at 10:00 AM Eastern Time.

Thursday, February 5: CCA ends at 10:00 AM Eastern Time.

Rainbow stated that the CCA adopts a “continuous clearing auction” model, where tokens are not sold all at once but are gradually sold with each block. Each block only sets one clearing price, and all participants who transact in that block do so at the same price.

Rainbow further explained that RNBW airdrops can only be claimed within the Rainbow mobile wallet, while tokens obtained from CoinList’s public sale will be directly sent to participants’ wallet addresses. This CCA is a permissionless mode, and any user with an Ethereum wallet can participate. The entry will be available around 9:30 AM (Eastern Time) on February 2 on the official Uniswap interface at app.uniswap.org.

Additionally, Rainbow stated that after the CCA ends, 100% of the USDC obtained from the auction will be injected into the RNBW/USDC Uniswap v4 liquidity pool on the Base chain, managed by Arrakis Finance. Rainbow also reminds users to be cautious of risks; the official contract address and CCA link will be announced later, and users should beware of counterfeit tokens and accounts.

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ChairmanDavidLilivip
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