Developers of the Altcoin Praised by Vitalik Buterin Announce a Major Update

ZKsync (ZK) founder Alex Gluchowski has announced a new tokenomics model that aims to transform the ZK token from a mere governance tool into an asset that provides real economic ￰0￱ to the proposal, cross-chain fees and enterprise license revenues will be added to the ZK token, so all value generated will be managed by the management for buyback, burning, staking, and ecosystem ￰1￱ to DeFiLlama data, ZKsync Era's total revenue is currently $30.03 million, but only $640,000 in revenue was generated in the last ￰2￱ said in his statement: “ZK was launched as a pure governance token. However, with interoperability and the real-world adoption of Prividiums, this proposal aims to give the token tangible economic ￰3￱ model is quite simple: When the network is used, the ecosystem should benefit as well.” Related News: Next Fed Decision in the US Becomes Increasingly Complicated: BLS Won't Release Critical Data - Will This Affect Bitcoin?

According to the new model, value will be reflected in the ZK token in two ways: On-chain interoperability fees: Revenue generated from moving assets and messages between ZKsync and Prividium. Off-chain corporate license revenues: Revenue generated from licensing advanced modules to be used by banks and financial ￰4￱ stated that all revenue generated will flow into a governance-controlled system, from where it will be used for ZK buybacks, staking rewards, token burns, and ecosystem ￰5￱ argued that the goal is to make decentralization economically sustainable by aligning usage with value, ensuring the ZKsync network captures a meaningful share of the economic benefits it generates. *This is not investment ￰6￱ Reading: Developers of the Altcoin Praised by Vitalik Buterin Announce a Major Update