On February 11th, on-chain analyst Yu Jin monitored that CEX has added Aztec (AZTEC) to its listing roadmap. The project team also announced the specific TGE time via Twitter yesterday: February 12th at 3 PM (Beijing time). Aztec conducted a fully on-chain automated token auction in December last year, with 16,741 addresses participating in the sale. Ultimately, 15% of the tokens were sold, raising 19,388 ETH (approximately $59.13 million). This results in an FDV of $490 million, with a cost basis of $0.0473. After the auction, 4,234.6 ETH ($12.91 million) and 273 million AZTEC tokens were pooled into a V4 liquidity pool on Uniswap. However, since the TGE tokens cannot be transferred yet, the pool is not active at the moment. Once the TGE is synchronized and this $26 million liquidity is activated, AZTEC will become one of the top on-chain deep liquidity altcoins.
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After the Aztec token auction ends, 4,234.6 ETH and 273 million AZTEC will be used to create the V4 liquidity pool on Uniswap.
On February 11th, on-chain analyst Yu Jin monitored that CEX has added Aztec (AZTEC) to its listing roadmap. The project team also announced the specific TGE time via Twitter yesterday: February 12th at 3 PM (Beijing time). Aztec conducted a fully on-chain automated token auction in December last year, with 16,741 addresses participating in the sale. Ultimately, 15% of the tokens were sold, raising 19,388 ETH (approximately $59.13 million). This results in an FDV of $490 million, with a cost basis of $0.0473. After the auction, 4,234.6 ETH ($12.91 million) and 273 million AZTEC tokens were pooled into a V4 liquidity pool on Uniswap. However, since the TGE tokens cannot be transferred yet, the pool is not active at the moment. Once the TGE is synchronized and this $26 million liquidity is activated, AZTEC will become one of the top on-chain deep liquidity altcoins.