TechFlow news, November 4 — ZKsync founder Alex released "ZK Token Proposal Part I," proposing a major update to the ZK tokenomics, with the core mechanism being that all revenue generated by the network will be used to buy back and burn ZK tokens.
Alex stated that in the future, the ZK token will no longer be limited to governance purposes but will also have real value capture functionality. Sources of network value include:
All such revenue will flow into a mechanism controlled by governance, used for ZK buybacks and burns, staking rewards, and ecosystem development funding. Alex emphasized that this move aims to directly tie the value of the ZK token to network usage, driving ZKsync to form a self-reinforcing, sustainable economic system.
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