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FOLD Auction 2 Results

FOLD Auction 2 sold its full 24M FOLD allocation through the Uniswap CCA, clearing at approximately 4% above the auction floor.

FOLD Auction 2 Results

FOLD Auction 2 on Uniswap closed on Aug 19. The continuous clearing auction distributed 24M FOLD, representing 2% of the total FOLD supply.

The auction settled 532,424.928851 USDC onchain and cleared at 0.02241 USDC per FOLD, approximately 4% above the 0.02154816 USDC floor price.

All 24M FOLD available through the auction were sold.

Thank you to everyone who participated, shared the auction, and helped others navigate the process.

Official FOLD token contract: 0xE172e9B6cfBeeB5593bDcE3f077356FDb33af904

Understanding the FOLD Token
How FOLD supports operator bonding, E3 request economics, rewards, and governance across the Interfold network.
The Interfoldgnosis guild

Final results

Metric Result
Final settled proceeds 532,424.928851 USDC
FOLD sold 24,000,000 FOLD
Auction allocation sold 100%
Share of total FOLD supply 2.00%
Final clearing price 0.02241 USDC per FOLD
Auction floor 0.02154816 USDC per FOLD
Clearing price above floor approximately 4%
Auction-implied FDV at the clearing price 26.89M USDC
Directly committed to Uniswap LP 25.0%
Additional long-term liquidity support 25.0%
Interfold Foundation treasury 50.0%

Distribution and liquidity

Auction 2 made 24M FOLD available, representing 2% of the 1.2B total FOLD supply.

The full allocation was sold through the auction.

The auction cleared at 0.02241 USDC per FOLD, approximately 4% above the floor price of 0.02154816 USDC per FOLD.

50% of Auction 2 proceeds are dedicated to long-term onchain liquidity support:

  • 25% will go directly to a Uniswap liquidity pool
  • 25% will be used for ad hoc liquidity support

The remaining 50% will go to the Interfold Foundation treasury to support ongoing development of the protocol.

Data note: Final settled proceeds are based on the auction contract’s currencyRaised() value. The contract records 532,424.928851 USDC raised and totalCleared() records 24,000,000 FOLD distributed. Uniswap separately displays approximately 521.467K USDC in “Bid Volume,” which is a different frontend metric and does not match the contract’s final settled proceeds.

From distribution to participation

Auction 2 closed just before FOLD became generally transferable and Network Alpha went live on mainnet.

Unlike the first FOLD auction, Auction 2 completed alongside the beginning of the network’s production phase. FOLD is now generally transferable, and the next layer of participation is coming online through ciphernode operation and Interfold governance.

Network Alpha is the first production stage of the Interfold network: private inputs, verifiable outputs, no trusted hardware.

Public ciphernode participation and confidential governance are the next steps as the network continues to form.

Network Alpha: The Interfold on Mainnet
Private inputs, verifiable outputs, no trusted hardware. Network Alpha brings the Interfold’s confidential coordination network to mainnet.
The Interfoldgnosis guild

Thank you again to everyone who participated.

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