Zama to Launch First-Ever Private Token Auction on Live Blockchain
Zama is holding its first public auction for $ZAMA tokens using a sealed-bid Dutch auction with Fully Homomorphic Encryption for confidentiality. The auction ensures fair distribution, prevents bots and gas wars, and allows immediate token access post-auction. $ZAMA powers the Zama Protocol, enabling encrypted transactions, staking, delegation, and supporting secure FHE operations.