Zama: Public auction to be launched from January 12 to 15, selling 10% of ZAMA tokens
Odaily Planet Daily News: The crypto company Zama officially announced on platform X that it will hold a public auction, which will sell 10% of the ZAMA supply through a Dutch auction with secret bidding on Ethereum, and use the Zama protocol itself to ensure the confidentiality of bids with FHE (Fully Homomorphic Encryption). The importance is as follows: guarantees fair distribution and true price discovery; prohibits bot sniping or gas wars; tokens are unlocked immediately.
Auction time: January 12 to 15; Claim time: January 20.
ZAMA is the utility token of the Zama protocol, which is a confidentiality layer for existing L1/L2:
The most brilliant hack High control project is refreshing, market value is over 600 million, just in time for the end of the bull market, let's short it out of respect
It is said that on October 6, 9 million tokens will be unlocked, which is a drop in the bucket compared to the 39 million unlocked in September. The market maker wants to sell, and with such a low circulation, it still needs to be pulled; now one can start making observation positions.