What is "zugazaea"

Zugazaea is a fungal genus in the order Helotiales. The relationship of this taxon to other taxa within the order is unknown ( incertae sedis), and it has not yet been placed with certainty into any family. This is a monotypic genus, containing the single species Zugazaea agyrioides, found growing on decomposing wood in the Canary Islands. The fungus produces small, dull orange fruitbodies that seem to be embedded in a resinous or mulicaginous material. The type species is named for its resemblance to some members of the genus Agyrium.