Utility
FHEP Protocol Fees
The $ZOM token is used to pay for computational operations within the FHEP protocol. When users or businesses utilize the FHEP platform for privacy-preserving computations on encrypted data, they are required to pay transaction fees in $ZOM tokens. These fees are used to power the system, covering the cost of processing the data securely and efficiently via API calls. This ensures that the protocol remains operational, scalable, and secure while maintaining a decentralized payment mechanism.
Developer Rewards Program
The $ZOM token is also central to the Developer Rewards Program, which incentivizes developers to build decentralized applications (dApps) utilizing the FHEP protocol. Developers can earn $ZOM tokens as rewards for integrating the FHEP platform into their dApps, contributing to the expansion of the ecosystem. This creates a positive feedback loop where the growth of the ecosystem is driven by developers who are incentivized to build and innovate on top of the FHEP infrastructure.
Core Economic Flow of the FHE Ecosystem
The $ZOM token drives the core economic flow within the FHEP ecosystem. Beyond transaction fees and rewards, $ZOM is integral to the governance and operation of decentralized mechanisms such as DAO (Decentralized Autonomous Organizations). The gas fees for FHEP operations, participation in governance votes, and other protocol-related functions are all fueled by $ZOM, ensuring long-term sustainability and growth.
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