Zephyr Protocol v2.0.0 - ZSD Yield Release 🚀

This release is a required update for everyone running their own node or local wallet (CLI and GUI).

Hardfork v6

(Activated at block 360000)

ZSD Yield Mechanism

The most significant addition in this update is the ZSD Yield Mechanism, designed to provide yield rewards to users who stake their ZSD. By staking ZSD, users receive Zephyr Yield Shares (ZYS)—a new native asset representing their value of the ZSD Yield Reserve.

Key Changes:

• New Yield Reserve mechanism
• 5% block reward will now be allocated to generate ZSD for the ZYS holders
• New native asset Zephyr Yield Shares (ZYS)
• Removal of governance reward

This update solidifies ZSD as a compelling store of stable value, rewarding those who contribute to its circulation and incentivising growth within the Zephyr ecosystem.

Key Block Reward Changes

To support ZSD Yield, we’ve restructured the block reward allocation:

• Miner reward: 75% ➡️ 65%
• Reserve reward: 20% ➡️ 30%
• ZSD Yield reward: 🆕 New 5% allocation
• Governance reward: 5% ➡️ 0% (Removed)