Journal

insights & research.

Deep dives into fair price discovery, protocol mechanics, and the future of token launches.

Understanding Continuous Clearing Auctions

A comprehensive guide to how CCA mechanisms create mathematically fair price discovery for token launches.

Exploring the on-chain architecture designed to make Runner auctions fast, secure, and MEV-resistant on Solana.

Exploring the long-term effects of fair token distribution on community engagement and project success.

A technical exploration of how clearing algorithms can make bot manipulation economically irrational.

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