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KuCoin Spotlight Returns: Privacy Protocol ZAMA Launches with a New "Bid" Twist!

2026/01/21 05:42:01
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Attention Crypto Investors! KuCoin has officially announced its 33rd Spotlight project: Zama (ZAMA), a leading privacy-preserving protocol.
This KuCoin Spotlight event features a major departure from the traditional "Subscription" (Subscribe) model. Instead, KuCoin is introducing the Sealed-bid Dutch Auction mechanism. This means you won't just "queue up" for an allocation based on holdings; you must actively "Bid" to maximize your chances of securing an allocation.
Here are the essential details to help you navigate this new format:

  1. Key Concept: It’s a Bid, Not a Subscription!

The most critical change is that your allocation is determined by your pricing strategy, not just your platform loyalty.
  • How it Works: Users submit "sealed" bids based on their valuation of ZAMA (your bid is hidden from other participants).
  • The Clearing Price: Once the bidding period ends, the ZAMA project will aggregate all orders and rank them from the highest price to the lowest. The price at which the total hard cap is reached will be determined as the final "Clearing Price."
  • Fair Execution: All successful bidders will pay the same final Clearing Price. If your bid was higher than the Clearing Price, the difference will be refunded to you.

  1. Event Schedule & Rules

  • Project: Zama (ZAMA)
  • Bidding Period: Jan 21, 2026, 08:00 — Jan 24, 2026, 20:00 (UTC)
  • Accepted Currencies: USDT and USDC (Funds must be in your Trading Account and will be frozen upon placing a bid).
  • Price Range: $0.005 (Floor Price) — $5.00 (Ceiling Price).
  • Bid Increment: Must be a multiple of $0.005 (e.g., a bid of $0.010 is valid, but $0.011 is not).
  • Bid Limits: Each user can submit up to 10 different bid orders.

  1. Why Zama (ZAMA)?

Zama is a heavyweight in the blockchain privacy sector, providing essential privacy layers for networks like Ethereum and Solana.
  • The Tech: Powered by Fully Homomorphic Encryption (FHE), allowing users to transfer, trade, and stake tokens without exposing sensitive data.
  • Infrastructure Level: Often described as the "HTTPS for Blockchains," Zama is a foundational piece for the future of Web3 privacy.

  1. How to Participate

  1. Verification: Complete KYC3 (or KYB) verification on KuCoin.
  2. Fund Your Account: Ensure you have USDT/USDC in your KuCoin Trading Account.
  3. Submit Your Bid: Go to the KuCoin Spotlight page and enter your bid price. Since you can place 10 orders, consider a "laddered" bidding strategy with different price points to increase your chances of an allocation.
  4. Wait for Settlement: If your bid is greater than or equal to the final Clearing Price, you will receive ZAMA tokens.

Important Reminders:

  • No Guaranteed Allocation: If your bid is lower than the final Clearing Price, you will not receive any tokens.
  • Flexibility: You can cancel your bids anytime before the bidding period ends to immediately unfreeze your funds.
This is a game of strategy and valuation. Head over to KuCoin Spotlight and place your bids for ZAMA today!
👉：https://www.kucoin.com/campaigns/platform_legao_spotlight_260120