Zama: Sealed auction Dutch auction token sale to begin on January 12th.

According to Mars Finance, the Zama fully homomorphic cryptographic network officially announced that it will sell 10% of its total ZAMA token supply through a sealed-bid Dutch auction on Ethereum. The auction will use fully homomorphic encryption (FHE) to keep the bidding confidential. The tokens will be unlocked immediately to ensure fair distribution and true price discovery, with no bots or gas fee wars. The auction will run from January 12th to 15th, and tokens can be claimed on January 20th. ZAMA is a utility token of the Zama protocol used to pay encryption and decryption fees, stake or delegate nodes, and help protect FHE nodes. The mainnet is expected to launch by the end of the year.