theinterfold

The privacy track is about to get lively again. The Interfold team officially announced that it will launch the $FOLD auction via Uniswap CCA—here’s a timeline worth noting:

July 6–7: Pre-bid + Predicate KYC verification window
July 8 at 22:00: Auction officially starts
July 10 at 22:00: Ends; the winning bidder can self-claim in the Uniswap interface

In terms of mechanism, it uses a unified clearing-price auction—bidders set a maximum FDV and budget; any portion above the clearing price can be withdrawn and resubmitted. Compared with others, this gives retail participants some room to strategize, so they won’t be blown up unilaterally by giant whales.

Worth paying attention to is the token handling window after winning: a 40-day cooling-off period after the deal. During this time, the tokens can only be used for Ciphernode node staking and cannot be transferred or circulated. The restrictions are expected to be lifted around August 19, along with the completion of the TGE.

From a personal perspective, here are a few key points:
1) KYC is front-loaded. This round isn’t a no-conditions “free ride”—whether you’re willing to do KYC directly determines whether you can get on the train.
2) A 40-day lockup plus mandatory staking. To a certain extent, this pushes secondary selling pressure back in time, while also injecting security budget into the node network early. The project’s intent seems quite clear: use auction funds and early allocations together to kickstart privacy infrastructure.
3) Under the clearing-price mechanism, the FDV cap determines the final cost. Before placing a bid, it’s advisable to refer to the TGE valuation range of recent similar privacy-track projects—don’t pull numbers out of thin air.

If you’re interested in privacy infrastructure, you can start the KYC process first—don’t scramble on the day of the 8th.

#TheInterfold #隐私赛道 #TGE