Privacy Protocol Zama Launches Mainnet Staking Functionality

Odaily News Zama announced that its mainnet staking functionality is now live. The ZAMA token has two utilities: fees and staking. ZAMA token fees paid by users will be burned by the protocol, while the protocol will mint tokens based on an initial set 5% annual issuance rate to pay operators. Operators need to stake ZAMA tokens to participate and earn rewards. 40% of the rewards are allocated to FHE nodes, and 60% are allocated to KMS nodes.