Full details and timing of the $RNBW @Uniswap CCA 🗓 Mon Feb 2: Pre-bids open at 10am EST ⏳ Tue Feb 3: Pre-bids close at 10am EST. CCA starts 10am EST. 🏁 Thu Feb 5: CCA ends 10am EST continued below…

Auction Terms - Starting price: $.10 per $RNBW - FDV: $100mm (~$19mm implied market cap) - Total sold in the CCA: 5,000,000 $RNBW (.50% of supply) - Payment: USDC - Network: @base

❓ What’s the difference between pre-bid and sale? - Pre-bid window (Feb 2 → Feb 3): Place your bids ahead of time so you’re not rushed at the start. - Auction live (Feb 3 → Feb 5): Bids begin clearing continuously. You only fill at/under your max price.

❓ How does the price work during the auction? CCA = Continuous Clearing Auction. Instead of selling everything at once, tokens are sold gradually over time. Each block sets a single clearing price (everyone who fills in that block pays the same price). Bids fill when the clearing price is ≤ your max

❓ What’s the difference in how $RNBW airdrop versus the CoinList pre-sale tokens are distributed? The $RNBW airdrop will only be claimable in the Rainbow mobile app. The CoinList public sale will be sent to the wallet addresses of participants. While many participants were also Rainbow users, we didn't want to force all CoinList participants to be required to use Rainbow.

❓Can anyone participate? Yes, the Uniswap CCA is permissionless! Anybody with an Ethereum wallet can participate

❓What is the pool being created at the end of the CCA? We’ll be depositing 100% of the USDC from the CCA into a $RNBW/$USDC Uniswap v4 LP on Base that is managed by @ArrakisFinance Arrakis is an automated onchain market market who will manage this LP to help provide deeper pool liquidity and better trade execution for $RNBW.

This is the final tweet of this thread. ⚠️ Stay Safe: We will post the official contract address + CCA links in the coming days. Beware of fake $RNBW tokens and fake social media accounts. All of the official Rainbow accounts on X have a Rainbow affiliate badge.