ZeckyChainZeckyChain

Public reserve

Every ZEC, accounted for.

70% of protocol fees buy published wrapped ZEC on Solana; at a set amount, holdings convert to native ZEC in a public Zcash transparent address. All addresses are listed here — verify balances directly on-chain.

How the reserve is counted

reserve = wrapped ZEC held (1:1 as ZEC) + native ZEC in transparent address − unfinished redemptions

Wrapped ZEC held
— pre-launch
Native ZEC (t-address)
— pre-launch
Pending redemptions
0

Live balances appear here at launch and must always match on-chain records.

Addresses

Reserve, burn, and operations addresses.

Wrapped ZEC (reserve asset)Solana
To be published at deployment

The published wrapped ZEC the reserve currently buys. Selection criteria: redeemable to native ZEC, verifiable reserves, deepest liquidity.

Reserve holding addressSolana
To be published at deployment

Holds wrapped ZEC bought with the 70% share

Native ZEC reserve (transparent address)Zcash
To be published at deployment

Public Zcash t-address holding native ZEC after conversion

$Zeck burn addressSolana
1nc1nerator11111111111111111111111111111111

Irrecoverable destination for the 10% buyback (Solana incinerator)

Operations multisigSolana
To be published at deployment

2-of-3 or 3-of-5 multisig receiving the 20% ops share; splitter authority behind a 7-day timelock

FeeSplitterSolana
To be published at deployment

Receives protocol fees; splits 70/10/20 on execution. Ratio is hard-coded.

Switching which wrapped ZEC the reserve buys requires a public announcement and a timelock. Any wrapped ZEC mentioned anywhere by this project always carries its contract address.

Execution record

Every split execution, with its transaction hash.

DateSOL spentWrapped ZEC bought$Zeck burnedTx hash
No executions yet. Records appear here from the first on-chain split — each row carries a verifiable transaction hash.

When executions happen

When the fee balance reaches a published SOL threshold, or 6 hours have passed since the last execution. Swaps route only through pre-approved venues with a 3% slippage cap — above that, the round waits.

If the numbers don't reconcile

The site displays the reserve inequality: issued yZEC + pending redemptions ≤ confirmed native reserve + confirmed wrapped holdings. If it ever fails, new minting stops immediately; redemptions continue processing.