Hush.cash ($HUSH) is a privacy framework that enables shielded transactions between users and dApps on zkSync. Hush shields and transfers your onchain assets to any other zkSync address or smart contract. Deposits are redeemable within seconds, but can be accessed later to improve anonymity. Hush is built with established and audited Solidity libraries to ensure that deposits are secure.
The HUSH token is designed to support and play a critical role in the Hush ecosystem. Holders earn their share of generated fees, and are entitled to make proposals that dictate operation of the platform. Holders of the HUSH token are entitled to earn a share of the fees generated by the platform. To use the Hush platform, users are charged service fees. These fees are dynamically set based on transaction size, and can vary from 0.25% to 0.50% of each shielded transaction. Fees are allocated to reward HUSH holders.
In addition, HUSH token holders have the ability to make proposals that dictate the operation of the platform, giving them a say in the future direction of the framework. Through this process, they can vote on important changes that affect them, such as transaction fees and the fee share rate. This democratic approach to decision-making ensures that the platform is constantly evolving to meet the needs of its users.