Here is a quick guide to trading Zama ($ZAMA) on Whales Market. It is the leading pre-market DEX platform for pre-TGE tokens and allocations, with more than $300M in trading volume.
Zama Overview
Zama is a company specializing in Fully Homomorphic Encryption (FHE), a technology that allows processing encrypted data without decryption, ensuring maximum privacy. The project focuses on building Zama Confidential Blockchain Protocol, a Crosschain solution that integrates FHE to create confidential smart contracts on EVM-compatible Blockchains such as Ethereum, Polygon and other Layer 2 chains.
This protocol allows for full encryption of transaction and state data, solving the limitation of public transparency of Blockchain, while supporting applications such as decentralized finance (DeFi), Onchain governance and asset tokenization.
Outstanding of Zama
- FHE Technology: Zama provides an FHE solution that is 100x faster than previous versions, with post-quantum safety, ensuring against attacks from quantum computers.
- Crosschain Support: Zama allows deploying confidential smart contracts on any EVM-compatible Blockchain, providing flexibility and scalability.
- Developer-friendly tools: Solidity libraries and Javascript SDKs allow developers to easily build confidential applications without deep understanding of FHE.
- Optimal Performance: FHE co-processor networks handle complex calculations Offchain, ensuring high performance and transparent results through Onchain verification.
- Secure Key Management: Threshold Multi-Party Computation (MPC) system divides decryption keys among validator nodes, preventing risks from a single point of failure.
- Practical Applications: Supports use cases like anonymous payments, private auctions, and secure governance, opening up potential for DeFi and data management.
$ZAMA Token Information
$ZAMA Key Metrics
Here is the information of $ZAMA
- Token Name: Zama
- Ticker: $ZAMA
- Token Type: TBA
- Total Supply: 11B ZAMA
- Contract address (CA): TBA
$ZAMA Use Case
Currently, Zama has not announced any official use case of $ZAMA for the project. Whales Market will update immediately when the official Zama website announces.
$ZAMA Listing
Here are important details revealed to $ZAMA:
- Listing time: TBA
- Confirmed CEX Listings: TBA
- Pre-market Price (Whales Market): TBA
Zama Tokenomics & Fundraising
Tokenomics
- Total Supply: 11B $ZAMA
- Token Allocations: TBA
How to trade $ZAMA on Whales Market
Here’s how to trade Zama ($ZAMA) step by step:
Step 1: Join Whales Market
Join Whales Market Website, connect wallet and choose “ZAMA token”
Step 2: Create Order
If you want to buy $ZAMA before listing, or sell your token allocation at your preferred price, simply click “Create Order” button on the platform.
Step 3: Set Price & Amount
To place an order, simply choose between “WANT TO BUY” or “WANT TO SELL”, then select the method by which your order will be filled. To confirm, you’ll need to deposit collateral equal to the value of your order.
Step 4: Confirm Order
To proceed, deposit your collateral and sign the transaction through your wallet. The collateral will remain locked until the Settlement phase if your order is filled. This ensures fairness and trustless execution between all parties.
You can cancel your order and receive your collateral back as long as it hasn’t been filled. Or you can resell your position via Resell Position.
Step 5: Order Goes Public
Once created, your order will be visible on the platform. If you selected “WANT TO BUY”, it will appear under the Sell tab, and if you chose “WANT TO SELL”, it will be listed in the Buy tab. From there, other users can view and fill your order.
Step 6: Buy or Sell Available Orders
If you find a good deal from another user, simply select the order, deposit your collateral, and you’re all set.
Step 7: Settlement Phase
At the time of TGE (or CEX listing), the Settlement Phase begins. Sellers are given a 4-hour window to transfer tokens to buyers. Failure to settle within this timeframe results in the loss of their collateral, which is then transferred to the buyer.
Conclusion
Zama offers a privacy-first, blockchain-based identity system that eliminates biometrics and centralized data, using Zero-Knowledge technology to enable secure and transparent verification for both humans and AI.
Disclaimer: This article is for informational purposes only, not investment advice, and Whales Market is not responsible for any of your investment decisions.
FAQs
1. What is the native token of Zama?
The native token of Zama is $ZAMA, used to facilitate coordination across the ecosystem.
2. What is Zama ($ZAMA) pre-market price?
Currently, $ZAMA is trading on Whales Market. Whales Market is the leading pre-market DEX platform to trade pre-TGE tokens and allocations, with over $300 million in volume, no middlemen, trustless and on-chain.
3. What is the price of Zama ($ZAMA) today?
While Zama ($ZAMA) hasn't been listed yet, users can trade $ZAMA pre-market on Whales Market before the TGE. Here you can trade $ZAMA before the asset gets listed on leading CEXes like Binance, Bybit or OKX.
4. How can I trade $ZAMA before official listing?
You can buy or sell pre-TGE $ZAMA on Whales Market by creating or filling orders with collateral-based settlement.