zmr is live.
CA: DBorvZYRJMBHqrYGaVaLMhiRkQWe6BwP1Rth7SGysk6Q
a single token built around a two-sided privacy engine where creator fees are permanently removed from the creator and routed according to the trade that produced them.
every buy compounds a public zcash reserve. every sell generates private monero distributions for eligible holders.
the buy side exists to accumulate. creator fees produced by buys are converted into native zcash and deposited into one transparent reserve address. the reserve only receives, making its balance, growth, and every contribution independently auditable.
the sell side works in the opposite direction. creator fees produced by sells are converted into native monero and distributed pro rata to eligible holders at their registered monero subaddresses. there are no scheduled distributions, epochs, or timed snapshots. sells themselves drive the mechanism.
@nearprotocol intents provides the settlement layer between solana, zcash, and monero. instead of relying on wrapped representations of either privacy asset, fees settle into native zec and native xmr at their final destinations.
the two sides deliberately treat privacy differently.
zcash is transparent because the reserve is meant to be seen and verified. monero is private because distributions are meant to belong only to their recipients.
buying builds something everyone can audit. selling distributes something only its recipients can see.
one token, two privacy rails, one continuous mechanism.
website:
https://t.co/IKBAIqZfvd
docs:
https://t.co/t1miQPR7N6
prog:
https://t.co/Zlb2CJdv1u
been working on something much larger overnight.
zmr is expanding from a mechanism attached to one deployment into infrastructure that anyone can launch through.
the goal is to make the architecture deployable at creation: a token launches with the same directional fee logic, program-controlled routing and cross-chain settlement primitives that make zmr work, rather than trying to bolt them on afterward.
creators get the mechanism without needing to build the machinery.
bringing the zmr stack to anyone who wants to deploy with it.
cross-chain settlement is now running through the mechanism exactly as designed.
creator fees leave the vault as sol and resolve through @nearprotocol intents into native zcash or monero at their final destinations, with the intent hash preserved as the receipt between both sides.
no wrapped assets and no synthetic accounting. the fee enters on solana and the settlement completes on the chain where the asset actually lives.
https://t.co/ZeqQsnOCRl
that distinction is what zmr is built around.
the mechanism deliberately produces two different information states from the same stream of order flow. buy-side creator fees ultimately accumulate as native zcash inside a fixed transparent reserve, making the collective asset observable and independently auditable. sell-side fees ultimately resolve into native monero distributed to registered holders, where the individual settlement is designed to remain private.
@nearprotocol intents sits between those environments as the settlement layer, allowing value originating on solana to resolve into the native asset on the chain where its final property actually exists.
zmr does not treat transparency and privacy as opposites.
it treats them as separate primitives: transparency for the state everyone should be able to verify, privacy for the information nobody else needs to know.
privacy is not the absence of information. it is the deliberate control of where information becomes observable.
public blockchains collapsed execution, verification and disclosure into the same surface: the network proves what happened by exposing enough state for everyone to reconstruct it. that was an effective foundation, but it does not mean every financial relationship should inherit permanent global visibility.
the more interesting architecture separates those properties. collective state can remain legible while individual settlement becomes private. reserves can expose their balances because solvency benefits from observation, while distributions can terminate inside systems where recipients, amounts and relationships are not converted into public metadata.
privacy becomes substantially more powerful when it stops being a blanket applied to the entire system and becomes a routing decision made according to what each piece of information is actually for.
privacy infrastructure becomes more interesting when visibility is treated as a variable rather than a default.
zmr resolves the same stream of economic activity into two different information states: zcash preserves collective auditability on the reserve side, while monero collapses the distribution side into recipient-private settlement.
the mechanism does not choose between transparency and privacy.
it assigns each one to the part of the system where it has utility.
privacy is evolving from something you opt into to something the mechanism can enforce by design.
public where verification matters. private where ownership begins.
privacy should not hide the system. it should decide what the system has any right to reveal.
cross-chain settlement is now running through the mechanism exactly as designed.
creator fees leave the vault as sol and resolve through @nearprotocol intents into native zcash or monero at their final destinations, with the intent hash preserved as the receipt between both sides.
no wrapped assets and no synthetic accounting. the fee enters on solana and the settlement completes on the chain where the asset actually lives.
https://t.co/ZeqQsnOCRl
cross-chain settlement is now running through the mechanism exactly as designed.
creator fees leave the vault as sol and resolve through @nearprotocol intents into native zcash or monero at their final destinations, with the intent hash preserved as the receipt between both sides.
no wrapped assets and no synthetic accounting. the fee enters on solana and the settlement completes on the chain where the asset actually lives.
what makes the system unusual is that its two outputs are designed to have opposite visibility.
the reserve is intentionally exposed: its balance, deposits and growth are supposed to be inspected. distributions are intentionally opaque: the recipient relationship and amounts are not supposed to become another public holder graph.
zmr uses transparency where collective verification matters and privacy where individual ownership begins.
zmr treats every creator fee as unfinished settlement.
the fee is classified by the trade that created it, accumulated inside a program-owned vault, and eventually leaves solana as a completely different native asset. buy pressure becomes permanent zcash inventory at a fixed public address; sell pressure becomes monero that disappears into holder-controlled subaddresses.
the market is effectively writing the settlement instructions with every trade.
zmr is now fully integrated with the web.
the token, fee vault, reserve, sweeps, releases and settlement records are all live and readable as they happen.
you can now watch the entire mechanism operate in real time, from the first creator fee to its final settlement in zcash or monero.
https://t.co/IKBAIqZfvd