The Protocol: ZKSync Aims to Revamp Its Tokenomics Model

ZKSync, the Ethereum layer-2 network, is proposing a significant shift in its tokenomics model to transform its ZK token from a governance-only instrument to one with genuine economic utility. The proposal, led by Alex Gluchowski, suggests leveraging network usage and enterprise licensing to enhance the token's value. This model aims to directly relate the ZK token's economy to network activities such as interoperability and enterprise functionalities. The proposal introduces two main revenue streams: fees from on-chain interoperability and off-chain licensing for enterprise tools related to the protocol. In addition to this, the week's updates include Olas unveiling Pearl v1, an AI agent app store, Ethereum's upcoming Fusaka upgrade on December 3, and Edge & Node's launch of ampersend, a platform for managing AI agents. Furthermore, regulatory news includes the U.S. Treasury's actions against North Korean entities involved in crypto-related cybercrime and the continuing legal challenges for former FTX CEO Sam Bankman-Fried.

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