ZKsync Proposal Aims to Tie $ZK Token to Network Revenue
ZKsync creator Alex Gluchowski proposed linking the $ZK token's utility to network revenue streams like interoperability fees and enterprise licensing.Summary
Alex Gluchowski, the creator of the Ethereum layer-2 network ZKsync, introduced a proposal titled “From Governance to Utility: ZK Token Proposal, Part I,” aiming to transition the $ZK token from a pure governance instrument to one with tangible economic utility. The plan suggests that network activity, including interoperability fees between rollups and off-chain licensing revenue from enterprise tools, will generate value. This revenue will feed into a governance-controlled mechanism to buy back $ZK tokens from the market. These purchased tokens would then be used for burning (reducing supply), staking rewards for decentralized operators, and ecosystem funding. The proposal emphasizes that all parameters will be determined by community governance, creating a self-sustaining loop where network activity supports the token, which in turn secures and funds the network.
(Source：CoinDesk)