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libapi
Crypto Newbie
12-02 12:19
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Zama Public Auction Announcement We will be selling 10% of the $ZAMA token supply through a sealed-bid Dutch auction on Ethereum. The auction will use the Zama protocol itself and employ FHE (Fully Homomorphic Encryption) technology to ensure the confidentiality of the bids. Key Implications: ◼️ Fair allocation, true price discovery ◼️ Prevents bot bids and gas fee conflicts ◼️ Instant token unlocking 🗓️ Auction: January 12th to 15th 🗓️ Claim: January 20th $ZAMA is the utility token of the Zama protocol, which provides a layer of confidentiality for existing L1/L2 encryption: ◼️ Pays encryption and decryption fees ◼️ Staking or delegating to operators ◼️ Helps protect FHE coprocessors and KMS nodes The mainnet is expected to launch before the end of the year, and $ZAMA will be fully operational before the auction. Get launch notification:
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