Privacy Protocol Zama Launches Mainnet Staking Feature

Odaily reported that Zama has announced the launch of its mainnet staking feature. 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 at an initial set annual issuance rate of 5% 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.