@fiveblack
So @zama has officially mentioned $ZAMA. It’s getting very close.
$ZAMA is used for protocol fees and staking. It follows a burn-and-mint model, where 100% of fees are burned, and new tokens are minted to reward network operators.
• Users pay fees to keep their transactions private (fees are burned).
• Network operators earn newly minted $ZAMA.
User fees include:
• Encrypting transaction data: $0.005 – $0.50
• Secure balance reads: $0.001 – $0.10
• Cross-chain private asset transfers: $0.01 – $1
Heavy users can get major discounts (up to 100× cheaper). Fees stay stable in USD even if token price fluctuates, making it easier for developers to predict costs.
How operators get rewarded:
The protocol uses Delegated Proof-of-Stake, starting with 18 operators (13 KMS nodes and 5 FHE Coprocessors, increasing over time).
• Coprocessors earn more but are more expensive to run.
• KMS nodes earn less but cost less.
Token holders can delegate their stake to secure the network.