Privacy protocol Zama launches staking feature on mainnet

ChainCatcher reported that Zama has announced the launch of its mainnet staking feature. The ZAMA token has two utilities: fees and staking. The ZAMA tokens paid by users as fees will be burned by the protocol, while the protocol will mint tokens at an initial annual issuance rate of 5% to pay operators.

Operators are required 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.