@zama
Announcing the Zama Public Auction.
We’re selling 10% of the $ZAMA supply via a sealed-bid Dutch auction on Ethereum, using the Zama Protocol itself to keep bids confidential with FHE.
Why this matters:
◼️ Fair distribution & real price discovery
◼️ No bot sniping or gas wars
◼️ Tokens are unlocked immediately
🗓️ Auction: Jan 12–15
🗓️ Claim: Jan 20
$ZAMA is the utility token of the Zama Protocol, a confidentiality layer for existing L1s/L2s:
◼️ Pay encryption & decryption fees
◼️ Stake or delegate to operators
◼️ Help secure FHE coprocessors & KMS nodes
Mainnet is expected to launch by year-end, with $ZAMA fully functional before the auction.
1️⃣ Get notified at launch: https://auction.zama.org
2️⃣ Share the news: https://x.com/zama/status/1995441582598689017
3️⃣ Learn more: https://x.com/randhindi/status/1995439441343631705
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