Uniswap to Introduce Auction Feature in Web App

Uniswap is set to launch an 'Auction' tab on the 'Explore' page of its web application on February 2. According to PANews, this new feature will support the Continuous Clearing Auctions (CCA) protocol, allowing users to discover, bid, and claim tokens directly through the interface. For new assets, this development enables users to participate in auctions before the tokens are officially available for trading. For existing assets, teams can utilize the same mechanism to allocate supply and initiate liquidity. The CCA protocol, which operates without permission, aims to assist teams in distributing tokens, establishing reliable market prices, and starting liquidity.