ZAMA is now around 0.033u. Its all-time high has reached 0.069u—down by roughly half.

This project is building encryption technology. Fully homomorphic encryption means, simply put, that smart contracts can run and produce results even when the data is completely encrypted, without needing to decrypt it. It can be applied to on-chain privacy DeFi, encrypted payments, sealed-bid auctions, and other scenarios.

Its setup isn’t a brand-new chain of its own; it’s a privacy layer built on top of existing chains. Users can use it without cross-chain bridging. Its funding scale has reached $130 million—its backers are no small players.

Token utility: you need to stake in order to participate as a node and help run the protocol, earning rewards from newly minted tokens. The protocol’s transaction fees are settled in ZAMA and then burned— the more you use it, the more it burns.

Over the past couple of days, community sentiment has been more positive, and trading volume is up by 10% compared with the previous day.

For a project that builds underlying $ZAMA
encryption technology, the story is told in a very hardcore way, but deployment is still in its early stages. The token unlock schedules for the team and investors have not yet been fully disclosed. #Zama$ZAMA