ZenIP 42407 Explained: What Will Happen to $ZEN Halving?

ZenIP 42407 introduces a significant change to the $ZEN halving schedule. Instead of the traditional halving events every 4 years, which cut block rewards in half, the new model proposes a smoothly declining emission rate over time.

What Does This Mean?

🔶For Token Stability

A gradual decline in emissions will reduce market shocks and avoid the sudden drop in rewards helping to maintain long-term token stability.

🔶For the Horizen Ecosystem

Moving away from abrupt halvings ensures consistent network participation from stakers, making it easier to plan and scale.

🔶For the Network's Security

The new emission model ensures that Collators and Delegators continue receiving competitive rewards, strengthening network security and decentralization.

This shift offers predictability for both $ZEN holders and the network, promoting long-term sustainability and steady growth. 📈

Let us know what you think of this approach in the comments!

Read the full proposal and join the discussion: