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Zama token auction has accumulated over 18 million USDT in crypto converted to cUSDT, with a total of 2411 bids.
GateNews
ZAMA-8,49%
Foresight News Report, the cryptography company Zama is conducting a public auction of ZAMA tokens. As of now, over 18 million USDT have been encrypted into cUSDT to participate in bidding, with a total of 2,411 bids. The supply of ZAMA in this auction is 880 million tokens, with a starting price of $0.005, corresponding to a floor FDV of $55 million. The auction uses a from-high-to-low filling liquidation mechanism, where the lowest successful bid after filling all 880 million tokens becomes the final clearing price. Each user can bid up to 10 times, with a maximum bid of 88 million ZAMA tokens per bid. The event will end on January 24.
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