Post #24464

Zama has announced the Public Auction The Zama Protocol adds a layer of confidentiality to existing public blockchains. It uses Fully Homomorphic Encryption (FHE) to keep transaction data and onchain state encrypted while still allowing smart contracts to be executed on it. It raised $130M from Pantera, Multicoin and others. Zama will sell 10% of the ZAMA token supply through a sealed-bid Dutch auction. The Zama auction will run from January 12th–15th, with claiming on January 20th. Tokens purchased in the auction will be fully unlocked and immediately usable in the Zama Protocol—whether for paying encryption and decryption fees, staking as an operator, or delegating to existing operators to help secure the network. https://x.com/randhindi/status/1995439441343631705