The $ZAMA token is the native token of the Zama Protocol. It is used for protocol fees and staking. It follows a burn and mint model, where 100% of the fees are burnt and tokens are minted to reward operators.Zama Protocol is a cross-chain confidentiality layer that enables issuing, managing and trading assets confidentially on any L1 or L2, using Fully Homomorphic Encryption (FHE).