Aztec Network was among the pioneers to implement the CCA (Confidential Coin Auction) mechanism, pioneering a fresh approach to token distribution. The model emphasizes three core strengths: a fully transparent and equitable onchain auction system that operates without hidden mechanics, organic price discovery driven by market forces rather than predetermined valuations, and efficient liquidity bootstrapping that seamlessly integrated with their v4 protocol upgrade. This approach reflects a shift toward more democratized and market-efficient mechanisms in protocol launches.