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A hidden bid token auction is coming. Zama launches the first fully homomorphic encryption (FHE) auction, enabling completely sealed bidding with $ZAMA tokens. What does this mean? No one can see others' bids, there is no room for front-running bots, and the risk of front-running is completely eliminated. Launching on the Ethereum network on January 21, interested parties can follow the project's official updates. This encryption auction mechanism is an interesting exploration of DeFi innovation—using privacy technology to reshape market fairness.