Shielded Labs is an independent, donation-funded Zcash support organization based in Switzerland. It is the first organization in the Zcash ecosystem that has never received direct or indirect funding from the Development Fund or block rewards.

Our mission is to build unstoppable private money that empowers human freedom and self-sovereignty. We focus on projects that advance the sustainability, security, and scalability of the Zcash network.

The Network Sustainability Mechanism (NSM) is composed of three proposed modifications to the ZEC supply economics.

1. Users can choose to voluntarily burn ZEC with each transaction. This enables for voluntary deflationary action.
2. The step-function ZEC issuance is smoothed to a curve. This enableds more predictable miner rewards, and a much more simplified implementation.
3. Burn 60% of transaction fees from circulation to support network sustainability.

Each change is defined as a Zcash Improvement Proposals (ZIP):

• ZIP-233: Burning
• ZIP-234: Smoothing the Issuance Curve
• ZIP-235: Burn 60% of Transaction Fees