DeFi· ★★★· neutral·

Zcash NU7 to Allocate 60% of Network Fees to Development

  • —NU7 would reserve 60% of Zcash network fees for development
  • —The upgrade is pitched as a possible catalyst for ZEC
  • —ZEC recently traded above $1,100 after rebounding from $1,050
Why it matters: The funding change affects Zcash's development sustainability and how holders value the token's economics.
Source: Google News (crypto query)