The Protocol: ZKSync Aims to Revamp Its Tokenomics Model

ZKSync is proposing to transition its ZK token from merely a governance tool to one with tangible economic utility. The proposal, detailed by Alex Gluchowski in the ZKsync community forum, suggests integrating revenue from network activity and enterprise licensing into the token's economy. This shift reflects the evolution of ZKSync’s ecosystem, which now includes modular chains and interoperability layers. The proposal outlines two main revenue sources: fees from onchain interoperability and offchain licensing revenue from enterprise tools. The aim is to enhance the token’s connection to the network's utility and value generation in response to the growing ecosystem demands. Other notable updates include Olas launching Pearl v1, the first decentralized AI agent app store, and Ethereum's Fusaka upgrade slated for December 3, which will improve the network's efficiency for transactions. Edge & Node has also introduced a management platform for AI agents, enhancing transaction operations. Additionally, regulatory updates included discussions around Gemini's entry into the prediction market sector and the U.S. Treasury's actions against North Korean entities involved in cryptocurrency laundering.

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