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More than 30% of $ZAMA circulating supply staked, the Zama Portfolio app, and FHE.org receiving support from Apple, AWS, Google and more

Blog post from Zama

Post Details
Company
Date Published
Author
The Zama Team
Word Count
637
Language
English
Hacker News Points
-
Summary

Zama has announced several updates, including the release of the Zama Portfolio app, which allows users to manage confidential tokens, and the successful staking of unlocked Treasury and Growth tokens, bringing the total stake to nearly 800 million $ZAMA tokens, about 34% of the circulating supply. Additionally, the unsold $ZAMA tokens from the OG community sale were burned, representing 1.23% of the circulating supply. The $ZAMA token is now tradable on Hyperliquid and supported by Stargate for bridging. Zama emphasizes ecosystem integration and confidentiality, focusing on the quantum resilience of Fully Homomorphic Encryption (FHE) through various community engagements such as the Zama Builder Villa at EthCC[9], Dev Office Hours, and the 5th Annual FHE.org Conference. The company is also fostering community-driven projects and hackathons like the Zama Developer Program Mainnet Season 1 and PL Genesis Hackathon, with substantial rewards for innovative developments in confidential onchain finance. Research and collaboration continue with presentations at FHE.org and partnerships with major tech companies.