Big milestone for Shielded Labs: the activation height for NU7 is being set today! The upgrade includes our first major mainnet deployment: the Network Sustainability Mechanism (NSM). Like Bitcoin, Zcash faces a long-term challenge: how to sustain network security as block rewards decline. The NSM helps address that while preserving the 21 million coin cap. ZIP-235 removes 60% of transaction fees from circulation, allowing that ZEC to be reissued as future block rewards. ZIP-237 starts that recycling around February 2031. At current fee levels, that’s only about 210 ZEC per year. This is a modest first step, but we’re optimistic about how new use cases for the NSM could evolve over time and contribute to Zcash’s long-term security.