According to ChainCatcher, Zama, an open-source cryptography company building the most advanced fully homomorphic encryption (FHE) solutions for blockchain, has announced that the staking functionality for its $ZAMA token is now live on the mainnet. Token holders can delegate their tokens to one of 18 operational nodes to earn rewards. The nodes are divided into FHE nodes and KMS nodes, which handle encrypted computations and threshold decryption, respectively. Staking rewards are distributed based on node roles, with FHE accounting for 40% and KMS for 60%, and further allocated according to square root weighting. Staked tokens represent shares that allow users to claim rewards at any time, with a 7-day unstaking period. The Zama staking portal is now open, and public sale participants can claim and stake their tokens starting on February 2.
Zama Launches Staking on Mainnet with 18 Operational Nodes
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Summary
Zama, a company developing FHE (Fully Homomorphic Encryption) solutions for blockchain, announced on-chain news with the launch of $ZAMA staking on its mainnet. Token holders can delegate their tokens to 18 nodes—FHE and KMS—to earn rewards. FHE nodes are responsible for handling encrypted computations, while KMS nodes manage threshold decryption. Rewards are distributed 40% to FHE nodes and 60% to KMS nodes, using a square root weighting mechanism. Staked tokens function as shares, with rewards claimable at any time and a 7-day unbonding period. The staking portal is now live, and participants in the public sale can begin staking on February 2. This development adds new token listings to the expanding DeFi ecosystem.
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