$ZAMA Public Auction Details

• Auction registration opens: January 9
• Community sale starts: January 15
• Community sale ends: January 20
• Public auction starts: January 21
• Public auction ends: January 24
• Claim phase starts: February 2
• Available Supply: 10% of the $ZAMA token supply
• Price increments: $0.005 (corresponding to a $55M FDV)
• Network: Ethereum mainnet

How the Zama Auction Works

The Zama auction is a single-price, sealed-bid Dutch auction on Ethereum mainnet, using Zama technology to keep bids confidential. It runs across four phases:

Phase 1 - Shield Stablecoins

• When: Anytime after mainnet launches

Phase 2 - Place Your Bids

You have four days to place bids. Each bid includes:

• Your chosen price
• The quantity of $ZAMA you want to buy

Phase 3 - Clearing Price and Allocation

• Bids are filled from highest price to lowest
• The clearing price is the lowest price at which a bid is filled
• All winning bidders pay the same clearing price

Phase 4 - Claim Your Tokens

Participants can claim:

• $ZAMA tokens as standard ERC-20
• Refunds as ERC-20 or confidential ERC-7984

Pre-Register for the Auction

1. Go to the ZAMA auction page
2. Specify the amount you want to purchase and the max price you’re willing to pay
3. Enter your email address and click Subscribe
4. Join the Zama Telegram community
5. Follow Zama on X for all updates