Zama burns over 29.22 million ZAMA tokens, with 34% of circulating supply already staked

Foresight News reported that the fully homomorphic encryption (FHE) network Zama announced on Twitter that it has destroyed 29,228,487 ZAMA tokens (accounting for approximately 1.23% of the circulating supply), which originated from unsold portions of the OG community sale. In addition, Zama has staked all tokens unlocked today from the Treasury and growth allocations. The total amount staked has now reached nearly 800 millions ZAMA, accounting for about 34% of the circulating supply.