ZKsync Founder Proposes ZK Token Update: All Network Revenue to Be Used for Buyback and Burn of ZK Token
BlockBeats News, November 4th, ZKSync founder Alex released the "ZK Token Proposal Part I", proposing a major update to the ZK token economic model, with the core mechanism being that all network revenue will be used for ZK token buyback and burn.
Alex stated that in the future, the ZK token will no longer be limited to governance purposes but will have a practical value capture function. Network value sources include:
These revenues will all flow into a mechanism controlled by governance, used for ZK buyback and burn, staking rewards, and ecosystem development funds. 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.
You may also like

What are the common traits of people who founded a $5 Billion+ company before the age of 23?

Why Hasn't $160 Billion Stripe Gone Public?

All the AI News You Need to Know is Here, Lyrical Officially Launches AI News Feed

Bitwise: Why Bitcoin Is Destined to Impact a Million Dollars?

Amid Geopolitical Turmoil, Tokenized Gold Emerges Alongside Round-the-Clock On-Chain Markets

Who Longs War on Polymarket?

4 AI Trading Strategy Lessons from WEEX Hackathon Finalist
Finalist Bambi shares how AI tools helped turn real trading experience into an automated strategy, why survival-first risk control shaped the system’s design, and how the approach will evolve ahead of WEEX AI Trading Hackathon Season 2.

Hong Kong Crypto Ecosystem 2.0: Stablecoins, RWA, and the New Battleground for Financial Institutions

Polymarket Arbitrage Bible: The Real Gap is in the Mathematical Infrastructure

Crypto Barbarians Jupiter Series: Still Owes the Market an Answer

Bank Card Payment vs. Stablecoin Payment: Which is More Suitable for AI Agents?

Zuck is really out of touch! He actually acquired a dated Lobster-based social platform?

Key Market Information Discrepancy on March 11th - A Must-See! | Alpha Morning Report

How to Deal with Trump? Accept this "Art of the Deal Playbook"

AI Computing Power Arms Race Intensifies: This Startup Aims to Mine Bitcoin in Space

Claude Code launches the /btw feature, Musk X Money set to launch soon, what's the English community talking about today?

Polymarket Arbitrage Bible: The Real Edge is in the Math Infrastructure

What Is OpenClaw? How The AI Agent Could Automate Crypto Trading Through APIs
OpenClaw is a rapidly growing AI agent on GitHub that can automate tasks and even execute crypto trades through exchange APIs. Learn how OpenClaw works, how it connects to exchanges, and the risks traders should understand before using AI trading agents.