The zcash pump is only from @zooko paying influencers to promote it Seems to be a lot of crypto influencers not disclosing this Reminder: Zcash still has a 20% tax in place and a majority of these funds go to marketing and paying people to pump their shitcoin 20% of every block reward still goes to development funding instead of miners: 8% continues to go to Zcash Community Grants, and 12% accrues to a coinholder-controlled fund seeded by the old Lockbox, which can pay out larger grants or just sit idle. This model runs until the 3rd halving, around late 2028, when it will come up for review again
MavShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.