@jeprox
Zama Announces Public Auction
@zama just revealed details for their upcoming token sale
They’re using a sealed-bid Dutch auction, where all bid amounts stay fully confidential thanks to Zama’s own FHE (Fully Homomorphic Encryption) tech. This removes the usual problems we see in token sales: gas wars, bots, and public bids influencing price
Auction Timeline:
▪️Jan 12–15: Auction window (submit sealed bids)
▪️Jan 16–19: Clearing price calculation
▪️Jan 20: Tokens fully unlocked and available to claim
A total of 10% of the supply will be sold:
▪️8% through the Dutch auction
▪️2% through a fixed-price sale at the auction’s final clearing price (capped at $10k per person)
Zama OG NFT holders will also get special benefits.
How to participate:
You’ll need to shield USDC, USDT, or DAI into confidential stablecoins, place your sealed bid during the auction window, and claim your tokens afterward
More info:
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