{
  "schema": "money2046.onchain.v1",
  "rule": "Each /onchain analysis publishes one ratio, risk, quality, or calendar reading for an agent about to move money or take a position. It does not publish a volume, TVL, market-cap, dominance, or top-N board. Missing or failed inputs fail closed to INSUFFICIENT_EVIDENCE. OK is a reading with sources, method, confidence, and limitations — not a VERIFIED_FRESH settlement.",
  "slug": "zcash-shield-direction",
  "question": "Are ZEC transactions adding value to the shielded pool or taking it out?",
  "why_agent": "Whether privacy demand is shielding new value or spending it back out.",
  "metric_kind": "ratio",
  "value": {
    "netEnterShare": "0.0018",
    "enterShare": "0.0132",
    "leaveShare": "0.0113",
    "currentWindow": {
      "fromBlock": 3509937,
      "toBlock": 3510537
    },
    "priorNetEnterShare": "0.0089",
    "priorWindow": {
      "fromBlock": 3475407,
      "toBlock": 3476007
    }
  },
  "unit": "share",
  "as_of": "2026-10-08T10:50:02.000Z",
  "sources": [
    {
      "name": "Blockchair Zcash transactions",
      "url": "https://api.blockchair.com/zcash/transactions"
    }
  ],
  "method_url": "/onchain/zcash-shield-direction/#method",
  "confidence": "low",
  "limitations": [
    "A positive shielded value delta counts as value entering the pool. A negative delta counts as value leaving. A shielded transaction with a zero delta counts as neither.",
    "Each non-coinbase transaction weighs the same. A large deshield is not a larger share than a small one. Notionals are not published.",
    "This is activity in a bounded Blockchair sample, not the shielded pool's share of ZEC stock.",
    "Coinbase (issuance) is excluded from both sides."
  ],
  "status": "OK"
}