#隐私技术解决方案 The public sale mechanism of Zama is indeed interesting—sealed bidding Dutch Auction, using fully homomorphic encryption to protect bidding data. It sounds complicated, but in reality, it's just to prevent front-running and Gas wars. This is actually a favourable signal for retail investors.

The core process is broken down into four steps: first, convert the stablecoin into confidential assets, then from January 12 to 15, bidding takes place, the official uses FHE to calculate and determine the transaction price, and finally, tokens are distributed on the 20th. The key point is that **the minimum price is only $0.005**, and bids higher than the transaction price will be automatically refunded, which is considered a relatively fair mechanism.

There are still quite a few interaction opportunities available now—Guild tasks (complete basic tasks by joining 3 official communities), projects for Creators and Developers are open for participation, and qualification audits for OG NFTs will soon be available. Take advantage of this time before the mainnet launches at the end of the year to engage more; you might accumulate a lot of chips before the TGE. In any case, the worst-case scenario is that you won't win and get a full refund, making the cost zero, so it’s worth a try.