@lucky9699

$ZAMA Public Auction Details Auction: Jan 12-15 Claim: Jan 20 Available Supply: 10% of the $ZAMA token supply Price increments: $0.005 (corresponding to a $55M FDV) Network: Ethereum mainnet How the Zama Auction Works The Zama auction is a single-price, sealed-bid Dutch auction on Ethereum mainnet, using Zama technology to keep bids confidential. It runs across four phases: Phase 1 - Shield Stablecoins When: Anytime after mainnet launches Phase 2 - Place Your Bids When: January 12-15 You have four days to place bids. Each bid includes: Your chosen price The quantity of $ZAMA you want to buy Phase 3 - Clearing Price and Allocation When: January 16-19 Bids are filled from highest price to lowest The clearing price is the lowest price at which a bid is filled All winning bidders pay the same clearing price Phase 4 - Claim Your Tokens When: January 20 Participants can claim: $ZAMA tokens as standard ERC-20 Refunds as ERC-20 or confidential ERC-7984 @zama

0 reply

0 recast

1 reaction