This took me a while to understand In a regular auction, you want to wait til the last minute to bid But what Aztec is doing with Uniswap is different: you want to bid sooner to get better pricing and allocation
6.5k+ ppl are registered and will get immediate bidding access on Dec 2nd. Earlier bids have a higher likelihood of getting a lower price since bids fill in sequential order.
I spent like an hour the other day getting to the bottom of this to be able to understand it myself I’m sure @danrobinson or @haydenzadams would be able to provide a speedrun explanation though
@_ericzhong @0xdavid @jgcfyi Us wordcels need the picture book story here
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