The AZTEC Token Sale has successfully locked 12,500 ETH and will commence its public sale today.

BlockBeats News, December 2nd, according to a statement from Aztec, a privacy-focused Ethereum Layer 2 network, the Aztec presale has locked 12,500 ETH and will officially commence the token public sale process today. Users can now complete pre-registration and KYC. According to the current block situation, bidding will start on December 2nd at 22:40 (UTC+8).

This public sale adopts the CCA (Continuous Clearing Auctions) mechanism jointly proposed by Uniswap and Aztec. This mechanism operates throughout on Uniswap v4 and possesses features such as fairness, neutrality, verifiability, and prevention of human intervention. According to Uniswap, CCA is used for price discovery for new issuances or low liquidity tokens, with Aztec being the first collaboration.

The floor price for this public sale corresponds to 98,493 ETH (approximately $2.8 billion FDV calculated at the current ETH price). The total public sale quantity is 14.95% of the total token supply. This public sale utilizes market-driven pricing and on-chain verifiability, ensuring a high level of transparency.

Aztec has been deeply involved in privacy technology for 7 years and is Ethereum's first decentralized L2. The project has received support from notable investors such as a16z, Paradigm, Vitalik Buterin, and Aave founder Stani Kulechov. Aztec has also launched the universal zk programing language, Noir, which has been adopted by multiple zk projects.