Zama: Public token auction details

Zama is conducting a public token auction with a uniform clearing price—all winning bidders pay the same final price.

Bidding is in cUSDT. Deposits are made in USDT and converted to cUSDT before placing bids. Participants set both price and amount, then await the auction close.

Sale parameters: total supply 11B, sale allocation 12%, and purchased tokens unlock 100% at TGE.

A public Dune dashboard is available for real-time auction metrics.