The DeFi Mage đź–¤ pfp
The DeFi Mage đź–¤

@thedefimage.base.eth

Zama is about to run one of the most interesting token launches crypto has seen. A fully confidential, sealed-bid Dutch auction powered by its own FHE tech. No public bid sizes, gas wars, or front-running. Here’s how it'd work: ⪼ Before Bidding: Once mainnet is live, you’ll need to turn your stablecoins (USDC/USDT/DAI) into confidential stablecoins by shielding them. You do that by converting your ERC-20s on @zama or supported wallets like bron(dot)org. These confidential tokens go straight into your own wallet. You can hold them, move them, or use them outside the auction like normal stablecoins. If you plan to bid, it’s smart to shield a bit more than you expect to use. ⪼ January 12-15 - Place Your Bids: When the auction opens, you choose: ‣How many tokens you want (this part stays private) ‣The price you’re willing to pay (this part is public) https://x.com/zama/status/1995441582598689017 #ZamaCreatorProgram
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