@a1001

$ZAMA Token Sale: You must have known by now that zama token sale is coming on Jan 12th with a claim on Jan 20th, 2026 It will be "Sealed - Bid Dutch Auction" What is this ? let me explain for new investors. A sealed bid Dutch auction is a token sale method where, . Everyone submits a private (sealed) bid . You tell the system; . how much you want to buy . the maximum price you’re willing to pay . No one can see other people’s bids during the bidding period After bidding closes, the system finds the clearing price. The clearing price is the lowest price at which all the tokens for sale can be fully sold. Everyone who bid above or equal to the clearing price gets tokens If your bid is, . above the clearing price → you win . equal to the clearing price → you win . below the clearing price → you don’t get tokens Everyone pays the same final price (the clearing price) Even if you bid higher, you still pay only the clearing price, not your bid. Let's hope for the best 👌

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