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ZKsync founder publishes ZK token update proposal, all network revenue will be used to buy back and destroy ZK tokens

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2025-11-04 14:25:44
On November 4th, ZKsync founder Alex (@thealexgluchowski) released the "ZK Token Proposal Part I", proposing a major update to the ZK token economic model. The revenue generated by the core mechanism for all networks will be used to buy back and destroy ZK tokens. Alex said that in the future, ZK tokens will no longer be limited to governance purposes, but will have actual value capture functions. The sources of network value include: these revenues will all flow into the mechanism controlled by governance, which will be used for ZK repurchase and destruction, pledge rewards and ecological development funds. Alex stressed that this move is aimed at directly linking the value of ZK tokens to the amount of network usage, and promoting ZKsync to form a self-reinforcing sustainable economic system.
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