source avatarDiamond 💎

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Most token launches still revolve around a team picking a valuation first and everyone else just accepting it. That’s probably the most interesting part of the @strato_net Community ICO to me. Instead of launching $STRATO at a fixed number, they’re using a Continuous Clearing Auction on Uniswap where the market collectively discovers pricing across the auction window itself. The bigger thesis behind it is interesting too — bringing physical gold and silver onchain in a way that makes them actually usable inside DeFi instead of just sitting idle as passive assets. Trade them 24/7. Borrow against them through USDST. Earn yield while keeping exposure to hard assets. Pre-bid phase is now live. • Public bidding starts June 4 • Auction closes June 9 https://t.co/JaaRd1RpUf

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