According to Foresight News, the FHE cryptography company Zama announced that it will sell 10% of its token ZAMA through a Dutch auction on Ethereum. The auction will take place from January 12 to 15, and distribution will start on January 20. The auction uses the Zama protocol to maintain the confidentiality of bids, aiming for fair distribution and true price discovery, avoiding Bots and Gas Fee wars, and the tokens will be unlocked immediately after the auction ends. ZAMA is the utility token of the Zama protocol, primarily used to pay for encryption and decryption fees, and can be staked or delegated to operators, helping to secure FHE coprocessors and KMS nodes. The Zama Mainnet is expected to launch by the end of the year, and ZAMA will be fully online before the auction.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ethereum falls below $2,200; 24-hour drop of 1.86%
Gate News message, April 12, market data shows that Ethereum has fallen below the $2,200 level, with a 24-hour drop of 1.86%.
GateNews5h ago
ETH 跌破 2200 USDT
Gate News bot 消息，Gate 行情显示，ETH 跌破 2200 USDT，现价 2194.07 USDT。
CryptoRadar5h ago
Ethereum Foundation Dumps $2.8M ETH for DAI, Halts Staking
The Ethereum Foundation converted 1,250 ETH into $2.80 million in DAI and ceased staking activities shortly after a record $46M stake. This shift, without public explanation, raises questions about their treasury management strategy and priorities.
LiveBTCNews7h ago
BTC is quoted at about $71,646, up about 6.1% from $76,000; ETH is quoted at about $2,215
Gate News update, April 12, BTC’s current price is about $71,646, up about 6.1% from $76,000; ETH’s current price is about $2,215, up about 8% from $2,400.
GateNews9h ago
NewsAlert: Trump Issues Iran Ultimatum – How BTC, ETH, And XRP is Reacting
Trump raised the temperature again with a fresh Iran deadline and warnings of overwhelming force. The rhetoric was extreme, and markets treated it as immediate macro risk.
To be precise, widely cited reports quote Trump saying Iran could be destroyed “in one night” if no deal is reached, not
LiveBTCNews9h ago
Ethereum New Users Jump 82 Percent In Q1
Ethereum has started the year with strong momentum, and the latest data confirms it. New users on the network surged sharply during the first quarter. This rise signals renewed interest across the broader crypto ecosystem. It also reflects growing confidence in blockchain-based platforms.
Data
Coinfomania9h ago
