The Z token is used to pay transaction fees on Z.ZEC holders can access all core applications without touching the Z token. When ZEC is used as gas, it is swapped into Z at the protocol level via an ERC-4337 Paymaster contract. The user never handles the conversion.
Z token stakers are one of the three legs of Zcash Satoshi Plus (ZSP) consensus. By delegating Z tokens to validators, holders help secure the network and earn consensus rewards. Z stakers receive the largest share of consensus emissions.Staking Z tokens alongside ZEC through Dual Staking earns boosted rewards.For how staking works mechanically, see Zcash Satoshi Plus (ZSP). For liquid staking tokens, see Liquid Staking.
Revenue generated by the Zcosystem applications is designed to accrue toward the Z token. As usage grows across Z Trade, Z Lend, USDZ, yUSDZ, and other Zcosystem primitives, that activity translates into value for Z token holders.
