- KuCoin Spotlight launches ZAMA with a gas-free Dutch auction and a 5% bonus incentive.
- Zama uses Fully Homomorphic Encryption to enable privacy-preserving smart contracts.
- The ZAMA public sale runs Jan 21–24, with token distribution set for Feb 2.
KuCoin Spotlight today introduces Zama (ZAMA), enabling users to participate in the Zama public auction directly through the exchange. By applying via KuCoin Spotlight, participants can join the ZAMA auction without paying on-chain gas fees and receive an exclusive 5% bonus incentive.
This offering provides a streamlined entry into a privacy-focused infrastructure project built on Fully Homomorphic Encryption (FHE). The public sale uses a Dutch Auction mechanismto support fair price discovery, reduce speculative behavior, and promote balanced participation.
KuCoin Spotlight: An Easy Way to Participate in the Zama Auction
The ZAMA public auction on KuCoin Spotlight offers a simplified alternative to on-chain participation. Users can complete the subscription process entirely within the KuCoin ecosystem, avoiding direct interaction with complex smart contracts.
This exchange-based approach removes Ethereum gas costs while preserving the core mechanics of Zama’s Dutch Auction design. KuCoin Spotlight participants will also receive a 5% additional incentive, distributed via airdrop after the Token Generation Event (TGE).
What Are Zama and the ZAMA Token?
Zama is an open-source cryptography company building a privacy layer for blockchain using Fully Homomorphic Encryption (FHE), which enables data to be processed while remaining encrypted. This allows smart contracts and on-chain applications to protect sensitive information during execution.
Backed by more than USD 150 million in funding from leading venture capital firms, Zama’s fhEVM enables developers to deploy confidential smart contracts on Ethereum using Solidity. The ZAMA token serves as the network’s core utility asset, supporting encryption services, staking to secure operators, and incentives for critical infrastructure.
Zama Auction on KuCoin Spotlight: Key Timeline
The ZAMA public auction will take place on KuCoin Spotlight from January 21 to January 24, 2026, using a Dutch Auction format adapted for exchange participation to support transparent and equitable price discovery.
Participants submit bids based on their own valuation without visibility into others’ bids, ensuring pricing is driven by individual judgment rather than market signaling. The process is not influenced by speed or timing, and bids may be submitted at any point during the auction window.
Token distribution is scheduled for February 2, 2026. Of the total supply of 11,000,000,000 ZAMA, 8% is allocated to the main public sale.
How to Apply for ZAMA via KuCoin Spotlight
Eligible users can participate by logging in to their KuCoin accounts and accessing the Spotlight section. After completing KYC verification and confirming regional eligibility, users may subscribe using supported stablecoins such as USDT or USDC. ZAMA tokens will be distributed to successful participants on the TGE date, followed by the exclusive 5% incentive airdrop provided by the project team. Learn more in the official KuCoin Announcements.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Source: https://coinedition.com/kucoin-spotlight-launches-zama-zama-with-zero-gas-fees-and-5-bonus-incentive/
