TechFlow News — ZigZag, the largest DEX on zkSync, has unveiled a new token utility plan to enhance value accrual for its governance token ZZ. Under this plan, transaction fees collected by ZigZag on the Arbitrum network will be used to repurchase ZZ tokens from the open market, sharing profits with token holders. Additionally, both market makers and traders on ZigZag will receive ZZ cashback for every trade. Last week, the ZigZag team converted $20,000 of treasury profits into ZZ, completing its first buyback.
ZigZag will launch its DEX products on zkSync 2.0 and StarkNet, and roll out token utility initiatives across all chains.Original link
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