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ZenIP 42407 Voting Result: Passed! β
Weβre excited to announce that ZenIP 42407 has passed with nearly 100% of participants voting in favor of the proposal!
This pivotal milestone introduces major updates to
$ZEN tokenomics and marks a new era for the
#Horizen ecosystem.
Here's what this means:
πΈ 40% of
$ZEN emissions to Collator and Delegator Rewards
Collators will secure the network and earn
$ZEN rewards.
$ZEN holders can delegate their tokens to Collators, participate in network security, and earn rewards in return.
πΈ 32.5% to the Horizen Foundation
This supports long-term growth and ecosystem stability:
-- 15% for Ecosystem Development
-- 10% for
$ZEN Growth & Stability
-- 7.5% for Infrastructure Support
πΈ 27.5% to the DAO Treasury
To drive ongoing community development:
-- 17.5% for the ZEN Sustainability Initiative
-- 5% for Community Grants
-- 5% for Growth Marketing
πΈ No More
$ZEN Halving
A smoothly declining emission rate will replace the traditional halving schedule, creating stability and predictability for
$ZEN holders.
These changes set the stage for Horizenβs long-term success as a leader in the zk space, empowering the community and driving innovation.
A big thank you to all
$ZEN holders who participated in the vote. Together, weβre taking Horizen to the next level!
See full ZenIP42407 and voting result:
snapshot.org/#/horizenfoundaβ¦