babysolape (babysolape.base.eth)

Zama will sell 10% of the $ZAMA token supply through a sealed-bid Dutch auction, using Zama itself to keep participant bids confidential. This ensures that Zama users, developers, and operators can purchase tokens at a price they believe is fair This makes Dutch auctions a powerful mechanism for token launches, with better distribution and more accurate price discovery. The Zama auction will run from January 12th–15th, with claiming on January 20th. Tokens purchased in the auction will be fully unlocked and immediately usable in the Zama Protocol The $ZAMA utility token plays a central role in the protocol. It is used to pay for encryption and decryption, as well as reward operators and stakers for running and securing the network. All fees are burned, while rewards are minted following a yearly emission schedule.

• 0 replies
• 0 recasts
• 0 reactions