The Protocol: ZKSync Aims to Revamp Its Tokenomics Model
ZKsync is transforming its ZK token economics by proposing to shift its function from a governance instrument to one with real economic utility. This proposal, introduced by Alex Gluchowski in the community forum, aims to connect the token’s value to network usage and enterprise licensing. The plan includes two primary revenue streams: on-chain interoperability fees when moving assets or messages within the ecosystem, and off-chain licensing revenue from enterprise tools tailored for institutional use. This shift is crucial as the ZKsync ecosystem expands to include various functionalities like modular chains and cross-chain interoperability. The proposal suggests that an evolved token model will better support network growth, making the ZK token vital to a robust economy.
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