On November 14, news broke that the privacy public chain project Aztec has officially launched the public sale of $AZTEC tokens, with a total supply of 10.35 billion tokens. This round of sales will be conducted through on-chain continuous clearing auctions (CCA), with an initial fully diluted valuation (FDV) of $350 million, representing a discount of about 75% compared to previous valuations, allowing U.S. users to participate.
This round of token sales accounts for a total of 21.96%, approximately 2.273 billion tokens, including public auctions, Uniswap V4 liquidity pools, genesis sorter sales, and bilateral reservations. The remaining token distribution is as follows: investors and early supporters 27.26%, team 21.06%, foundation 11.71%, ecological subsidies 10.73%, future incentives 4.89%, Y1 network rewards 2.41%.
The public sale will take place from December 2 to 6, and users must complete on-chain authentication through a soulbound NFT to participate. The $AZTEC token supports staking, sorter participation, network governance, and fee payment. The future annual inflation cap will not exceed 20%, to be determined by governance.
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