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[Uniswap Founder: CCA First Auction Concludes with $59 Million in Bids] Uniswap founder Hayden Adams stated that the first Uniswap CCA auction initiated by Aztec Network has concluded, with total bids reaching $59 million. The auction process was free from sniping, bundling, or timing games, instead featuring a slow and fair price discovery, ultimately closing at a price 59% above the reserve price. A portion of the auction proceeds and token reserves will be used to launch the Uniswap v4 liquidity pool, which will become the largest source of secondary market liquidity.

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