The platform has distributed approximately 2.32 million ZEC in total, with over 470,000 reward payouts for the Solana ecosystem Meme coin ZCAT
Odaily Planet Daily reported that Anonymous Cat (ZCAT), a cat-themed Meme coin on the Solana ecosystem, has distributed approximately 2,320 ZEC to eligible holders through its transaction tax mechanism, valued at roughly 2.75 million USD at the latest price. More than 470,000 reward payouts have been completed. Every ZCAT transfer incurs a 3% transaction tax, with most of the funds converted into Zcash (ZEC) and subsequently distributed to addresses holding at least 20 USD worth of ZCAT.
With the recent rise in ZEC, the scale of ZEC rewards received by ZCAT holders has increased. These ZEC rewards do not come from business revenue but rather from transaction taxes generated by other users buying, selling, and transferring ZCAT. Therefore, the reward scale depends on the trading activity of ZCAT itself. When trading volume declines, the ZEC rewards received by holders will also decrease.
