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November 4, 2025CoinOtag logoCoinOtag

ZKsync Founder Proposes Redesign to Link ZK Token Value to Network Revenue

ZKsync’s tokenomics redesign proposes using all network revenue for ZK token buybacks and burns, linking token value directly to usage while funding staking rewards and ecosystem growth for sustainable decentralization.

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Bitcoin Breaks Below $99K as $289 Billion Evaporates From Crypto in One Day

Bitcoin Breaks Below $99K as $289 Billion Evaporates From Crypto in One Day

Tuesday brought a full-blown market massacre as artificial intelligence (AI) valuation panic and a cocktail of macroeconomic worries vaporized $730 billion from U.S. equities. Meanwhile, the crypto cr...

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1 min
ZKsync Founder Proposes ZK Token Redesign to Link Value with Network Revenue

ZKsync Founder Proposes ZK Token Redesign to Link Value with Network Revenue

The ZKsync tokenomics redesign proposes redirecting all network revenue to buy back and burn ZK tokens, transforming it from a governance asset into a value-capturing mechanism that funds security, de...

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1 min
ZKSync founder Alex Gluchowski has shared a proposal to change the orientation of the ZK token

ZKSync founder Alex Gluchowski has shared a proposal to change the orientation of the ZK token

On November 4, 2025, Zksync founder Alex Gluchowski, who goes by @gluk64 on X, shared a lengthy post in which he proposed a major tokenomics redesign aimed at helping $ZK become more than just another...

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1 min