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ZKsync founder announces ZK token update proposal: All network revenue will be used to buy back and burn ZK tokens.
2025-11-04 14:19

According to Odaily Planet Daily, ZKsync founder Alex (@thealexgluchowski) released "ZK Token Proposal Part I," proposing a major update to the ZK token economic model. The core mechanism is that all revenue generated by the network will be used to buy back and burn ZK tokens.

Alex stated that in the future, ZK tokens will no longer be limited to governance uses, but will have the function of capturing real-world value. Sources of network value include:

All of these revenues will flow into a governance-controlled mechanism for ZK buybacks and burns, staking rewards, and ecosystem development funding. Alex emphasized that this move aims to directly link the value of the ZK token to network usage, driving ZKsync to form a self-reinforcing sustainable economic system.