the launchpad where nobody can see your bid.
sealed bids. uniform price. no ordering advantage.
your bid is encrypted inside your wallet before it ever leaves. it stays sealed on-chain.
everyone who fills pays the same clearing price. no advantage to bidding first.
your allocation lands as a confidential balance. amounts stay yours to disclose.
participant count only. no bid amounts are shown, ever.
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epoch 07
openyour bid never touches chain in plaintext. it is encrypted before it leaves your wallet.
it is encrypted on-chain until the round closes and the aggregate is decrypted.
no chart, no bonding curve, no leaderboard. there is nothing to front-run here.
round sealed. aggregate being decrypted.
only the total raised is being revealed. no individual bid is ever decrypted, not by us, not by the committee.
a sealed round can sit here while the committee responds. if decryption stalls past 24h, anyone can trigger the emergency refund path.
epoch 07
settledyour bid filled 68% at the uniform clearing price. the unfilled remainder returns to your wallet automatically. claimed tokens arrive as a confidential balance.
your $ZPAD landed as a confidential balance. the amount is visible only to you.
view claim tx on etherscan →epoch 07
refundingno aggregate was decrypted and no allocation was made. your full sealed amount is returned to your wallet. no bid was ever revealed.
how zpad actually works
an honest account of the mechanic. read this before you bid.
encrypted bids, threshold-decrypted aggregate
when you bid, your ETH amount is encrypted inside your wallet and stays sealed on-chain for the whole round. when the round closes, a threshold committee decrypts only the aggregate total raised, never any single bid. everyone who fills pays the same uniform clearing price.
no one party can see your bid.
threshold trust, not math trust
your privacy holds because the aggregate is decrypted by a committee that splits the key across parties, and it holds as long as those parties do not collude. this is a trust assumption about the committee. we do not claim trustless privacy, we do not claim it is mathematically impossible to see your bid, and this is not a zero-knowledge system. we claim exactly one thing: no one party can see your bid.
epoch schedule
capacities are derived from price and supply and are deliberately not shown here.
contract addresses
known limitations
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