Zcash (ZEC) has launched a new mechanism called the 'Network Sustainability Mechanism (NSM),' which removes 60% of transaction fees from circulation and reissues them as future block rewards. This mechanism was activated alongside the 'NU7' upgrade. Shielded Labs, which supports Zcash development, announced this in a statement on the 6th, and Zcash's official X account also confirmed the activation of NU7 on the mainnet.
According to Shielded Labs...
