🔥 ZKsync Founder Proposes Major ZK Token Update: 100% Network Revenue to Buyback & Burn ZK
ZKsync founder Alex has released “ZK Token Proposal Part I”, introducing a major upgrade to the ZK tokenomics model.
The core mechanism: all revenue generated by the ZKsync network will be used to buy back and burn ZK tokens.
Alex noted that ZK will no longer be limited to governance — it will capture real network value. Revenue sources will feed into a governance-controlled mechanism to fund buybacks & burns, staking rewards, and ecosystem growth.
He emphasized that this move aims to align ZK’s token value with network usage, creating a self-sustaining economic system that reinforces long-term growth. $ZK
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