🟨FungoLabs has officially announced the rules for the Genesis sealed-bid auction.
The core logic is simple: all winning bidders pay the same price—the lowest winning bid. Any excess is refunded to the original payment method, and unsuccessful bidders receive a full refund.
You only need to bid what you believe it’s worth. In the end, you’ll pay only the market-clearing price, so there’s no need to worry about overbidding or underbidding.
🟨The tokenomics are very clean (full page👇):
https://fungolabs.org/launchpad/tokenomics
No VCs, no presale, no transaction tax.
34% of the total supply goes directly into the liquidity pool and is permanently locked. 20% of fees are regularly used to buy back and burn tokens with real funds.
The team’s allocation won’t be released linearly until after a 12-month lockup. Unclaimed airdrops are burned after 7 days.
I think this structure is surprisingly clean. There are no tricks like locking first and dumping later, or any fancy unlock traps. The key details are all written into the contracts and publicly verifiable.
🟨Based on current market prices:
The Zama OG floor is currently holding steady at around 30U, with a single airdrop of 140,112 $FUNGO.
That implies a price of approximately 0.000214U per $FUNGO,
corresponding to an FDV of around $2.14 million.
The Genesis airdrop per token is about 7.95 times that of Zama OG,
implying an airdrop value of around $238–240,
or about 3,700 cZAMA at the current ZAMA price.
Personally, I think this estimate is just a baseline. During the actual auction, the market may also add a premium for future fee-sharing and project-token distributions.
Lastly, I recommend reading both the auction rules and the tokenomics before deciding whether to participate. All the information is already out in the open.
@FungoLabs #FUNGO @zama
The core logic is simple: all winning bidders pay the same price—the lowest winning bid. Any excess is refunded to the original payment method, and unsuccessful bidders receive a full refund.
You only need to bid what you believe it’s worth. In the end, you’ll pay only the market-clearing price, so there’s no need to worry about overbidding or underbidding.
🟨The tokenomics are very clean (full page👇):
https://fungolabs.org/launchpad/tokenomics
No VCs, no presale, no transaction tax.
34% of the total supply goes directly into the liquidity pool and is permanently locked. 20% of fees are regularly used to buy back and burn tokens with real funds.
The team’s allocation won’t be released linearly until after a 12-month lockup. Unclaimed airdrops are burned after 7 days.
I think this structure is surprisingly clean. There are no tricks like locking first and dumping later, or any fancy unlock traps. The key details are all written into the contracts and publicly verifiable.
🟨Based on current market prices:
The Zama OG floor is currently holding steady at around 30U, with a single airdrop of 140,112 $FUNGO.
That implies a price of approximately 0.000214U per $FUNGO,
corresponding to an FDV of around $2.14 million.
The Genesis airdrop per token is about 7.95 times that of Zama OG,
implying an airdrop value of around $238–240,
or about 3,700 cZAMA at the current ZAMA price.
Personally, I think this estimate is just a baseline. During the actual auction, the market may also add a premium for future fee-sharing and project-token distributions.
Lastly, I recommend reading both the auction rules and the tokenomics before deciding whether to participate. All the information is already out in the open.
@FungoLabs #FUNGO @zama
