RNBW: Token auction on Uniswap CCA
RNBW will hold a Uniswap CCA on Base.
Pre-bids open on Feb 2, the auction starts Feb 3 and ends Feb 5.
Key terms: starting price $0.10 per RNBW, $100M FDV, implied market cap about $19M, and 5,000,000 RNBW (0.5%) offered. Payment is in USDC on Base.
After the CCA: RNBW can be withdrawn from Uniswap, the airdrop becomes claimable in the Rainbow mobile app, and the token becomes tradable on Base and on CEXs.