ZETF — the ETF that holds nothing

ZEC destroyed

—

Burns executed

—

one per tax sweep

Tax

2% / 2%

buy / sell

ZEC left on BNB

—

total peg supply

An ETF keeps the asset in a vault. This one sets it on fire.

The fund that
burns its holdings.

Every buy and every sell pays a 2% tax. Half of that tax goes to a vault that buys Binance-Peg ZEC on PancakeSwap and calls the token's own burn function.

The ZEC stops existing. Nobody receives it, including us. The more this trades, the more Zcash is destroyed.

five engraved discs, each half the area of the last

Two percent, split down the middle.

1% buys and burns ZEC. Automatic, on every sweep, with nobody deciding.
1% funds the desk. Stated plainly rather than hidden in a treasury.
Both halves are constants in the vault. They cannot be changed after launch.
No presale, no private round. Distribution is the bonding curve.

The first miners pay the least. Everyone after pays double.

Ledger

total supply	1,000,000,000
buy tax	2%
sell tax	2%
of the tax, burns ZEC	1%
of the tax, to the desk	1%
launched on	Flap
presale	none
vault owner	none

Real money, actually gone.

Peg-ZEC is a Binance-issued claim on real Zcash. When the furnace burns it, that claim stops existing.

Anyone can verify it. Watch totalSupply on the ZEC contract fall.
The furnace checks too. If supply does not drop, the transaction reverts.
Nobody collects it. Not a treasury, not a multisig. It is destroyed.

The last burn.

Certificate of
Destruction

Quantity destroyed

0.00ZEC

Cost in BNB

—

Block

—

Burn no.

—

Verify it yourself

Every burn calls the peg contract's own burn function, so the supply drop is public and permanent. You do not have to take our word for any of it.

Total ZEC destroyed by ZETF

—

Binance-Peg ZEC total supply, live

—

ZEC contract Burn vault

Waiting on deployment.