In order to participate in the @zama auction, you first need to shield your USDT/USDC/DAI. Basically, swap them into confidential stablecoins (ERC-7984)
Shielding deposits your ERC-20 stablecoins into a wrapping contract and gives you an equivalent amount of ERC-7984 tokens.
You can shield directly through the auction app or wallets like Bron(.)org
Shielding encrypts your balances, transfers and bid amounts. It keeps your strategy hidden and ensures your auction activity stays private.
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.
Get notified at launch:
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