Rainbow 

RNBW🌱 8d

Rainbow (RNBW) Auction Details

• Starting Price: $0.10 per RNBW
• Fully Diluted Value: $100,000,000 (~$19M implied market cap)
• Total Sold (CCA): 5,000,000 RNBW (0.5% of total supply)
• Payment: USDC
• Network: Base

Key Dates (EST)

• Mon, Feb 2: Pre-bids open at 10:00 AM
• Tue, Feb 3: Pre-bids close at 10:00 AM
  • Continuous Clearing Auction (CCA) starts at 10:00 AM
• Thu, Feb 5: CCA ends at 10:00 AM

What Happens After the CCA Ends?

• CCA participants can withdraw their RNBW from Uniswap.
• The RNBW airdrop becomes claimable in the mobile app.
• Non-US CoinList participants will receive their tokens.
• RNBW becomes tradable on Base and supported centralized exchanges.

Pre-Bid vs Live Auction

• Pre-Bid Window (Feb 2 → Feb 3):
  • Place bids ahead of time to avoid congestion at launch.
• Auction Live (Feb 3 → Feb 5):
  • Bids clear continuously.
  • Orders fill only at or below your maximum price.

How the Auction Price Works

• The sale uses a Continuous Clearing Auction (CCA).
• Tokens are sold gradually over time, not all at once.
• Each block sets a single clearing price.
• All bids filled in that block pay the same price.
• Your bid fills when the clearing price is less than or equal to your max price.

How to Participate

1. Go to the Rainbow (RNBW) auction page.
2. Connect your EVM wallet.
3. Submit a pre-bid or place bids anytime before the auction ends.

Note: Pre-bidding increases the chance of clearing in earlier blocks, which may result in a lower average purchase price.