What is ZAMA token? FHE Zama Protocol Security Encryption
Zama operates as an open-source encryption company, focused on developing fully homomorphic encryption (FHE) solutions for blockchain and artificial intelligence.
The project addresses the core issue of chain technology: public transparency that can expose sensitive information such as financial balances or user identities.
Instead of building a new chain, Zama creates a cross-chain security layer that allows computations on encrypted data, ensuring public verifiability without revealing the content. The biggest strength lies in FHE technology, which is 100 times faster than five years ago, supporting familiar programming languages like Solidity and Python.
Binance announced the listing of the ZAMA token on the spot market at 20:00 on 2/2 with three trading pairs: ZAMA/USDT, ZAMA/USDC, and ZAMA/TRY.
The exchange stated it will allocate an additional 55 million ZAMA tokens for upcoming marketing campaigns to boost brand recognition and expand the ecosystem.
The ZAMA token plays a core role in the Zama Protocol ecosystem, supporting protocol fees and staking to maintain network security. ZAMA follows a burn-and-mint model, where all fees are burned to reduce supply, while new tokens are minted to reward operators.
Zama provides an open-source toolkit under a dual licensing model: free for non-commercial use, prototyping, and research but requires a commercial license for commercial applications.
