This round of auction uses the CCA mechanism (Continuous Clearing Auction), a solution developed together by Uniswap and Aztec. Even Uniswap founder Hayden has publicly come out in support.
There is no need to delve too deeply into the details of the mechanism, just focus on four core points: • Fairness - The rules apply equally to everyone. • On-chain - The entire process is fully transparent and traceable. • Zero privileges - no reserved shares or backdoors • Market pricing - Prices are formed by the real supply and demand game.
In simple terms, it means completely giving the pricing power to the market, and no one should think about playing tricks.
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TestnetScholar
· 20h ago
It's the trend that belongs.
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ChainMemeDealer
· 20h ago
The market is the fairest.
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GateUser-0717ab66
· 20h ago
CCA is reliable enough
View OriginalReply0
LonelyAnchorman
· 20h ago
Fairness is always better than capital exploitation.
This round of auction uses the CCA mechanism (Continuous Clearing Auction), a solution developed together by Uniswap and Aztec. Even Uniswap founder Hayden has publicly come out in support.
There is no need to delve too deeply into the details of the mechanism, just focus on four core points:
• Fairness - The rules apply equally to everyone.
• On-chain - The entire process is fully transparent and traceable.
• Zero privileges - no reserved shares or backdoors
• Market pricing - Prices are formed by the real supply and demand game.
In simple terms, it means completely giving the pricing power to the market, and no one should think about playing tricks.