Zama mainnet launches staking functionality, with 18 operational nodes participating.
PANews reported on January 20th that Zama, the open-source cryptography company building state-of-the-art fully homomorphic encryption (FHE) solutions for blockchain, announced the launch of its $ZAMA token staking feature on its mainnet. Token holders can delegate their tokens to 18 operating nodes to earn rewards. Nodes are divided into FHE nodes and KMS nodes, handling cryptographic computation and threshold decryption respectively. Staking rewards are distributed according to node role, with FHE accounting for 40% and KMS for 60%, weighted according to the square root. Staking tokens represent a share of rewards that can be claimed at any time, with a 7-day unbinding period. The Zama staking portal is now open, and public sale participants can claim and stake tokens starting February 2nd.
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