$ZAMA is the native utility token for the Zama Protocol, an open-source cryptography project focused on bringing Fully Homomorphic Encryption (FHE) to public blockchains.

ZAMABSC
ZAMAUSDT
0.0281
-4.09%

Token Utility & Economics

Purpose: The token is used to pay for protocol fees (encryption/decryption) and to reward network operators and stakers.

Burn & Mint Model: 100% of network fees are burned to manage supply, while rewards for securing the network are minted according to a yearly schedule.

Distribution: Up to 8% of the total supply was allocated for a sealed-bid Dutch auction on Ethereum to ensure fair price discovery.

Network Role: It powers the fhEVM (FHE Ethereum Virtual Machine), which allows developers to build "confidential smart contracts" that process encrypted data without revealing it."

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$ZAMA @Zama Protocol #Zama