ZEN is the native cryptocurrency of the Horizen blockchain. StakedZEN (stZEN) is an ERC20 token issued by StakeHound as a 1-to-1 representation of ZEN staked with StakeHound.

stZEN will allow you to participate in the Ethereum ecosystem while earning Horizen node rewards at the same time.

You can buy stZEN on SushiSwap, a decentralized exchange. As an alternative, you can also swap ZEN for stZEN directly with StakeHound, subject to KYC/AML procedures.

Buyers are also serviced by StakeHound and Copper that allows swapping ZEN for stZEN on a 1:1 basis. Note that both require KYC/AML checks.

It is possible to exchange between ZEN<>stZEN through StakeHound and Copper. Average wait time with StakeHound is about 4 hours and you can exchange any amount you choose. Copper allows for instant swaps but please be aware they are not servicing small orders. Also note that both StakeHound and Copper require clients to go through the KYC/AML process.

Yes. If you are a US citizen and want to swap ZEN:stZEN on a 1:1 basis at StakeHound, you will need to do the KYC/AML process and hold an accredited investor status. Otherwise, US citizens and residents can freely buy and sell stZEN on SushiSwap.

Any transactions utilizing the Ethereum network incur ETH gas fees. If gas fees are a concern, you can choose to exchange ZEN<>stZEN directly with StakeHound at a 1:1 ratio. Ethereum gas fees can be tracked on Etherscan.

Yes, if interested you can provide liquidity directly to the stZEN pools on SushiSwap.

stZEN staking rewards will be distributed by StakeHound to wallets holding stZEN on a weekly basis – in line with Horizen node reward distributions.

No, you will receive the stZEN rewards automatically. stZEN staking rewards are distributed by StakeHound to wallets holding stZEN on a weekly basis - in line with Horizen node reward distributions.