• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

ZKsync Rolls Out Decentralized Governance Model on Mainnet

user avatar

by Giorgi Kostiuk

a year ago


  1. ZKsync Mainnet Governance Launch
  2. ZKsync Governance Model Targets Decentralization
  3. Future Perspectives of ZKsync Governance Model

  4. ZKsync has officially announced the launch of its governance model with active smart contracts on the mainnet, enabling the community to participate in the decision-making process.

    ZKsync Mainnet Governance Launch

    ZKsync has officially launched its mainnet governance system, introducing a decentralized model where the community can participate in the decision-making process. Governance is structured around three main bodies: the Token Council, the Security Council, and the Guardians. Token holders can propose and vote on changes, while the Security Council reviews technical updates and the Guardians hold veto power to ensure all decisions align with the platform’s core principles.

    ZKsync Governance Model Targets Decentralization

    The new ZKsync mainnet governance model aims to achieve true decentralization. By distributing decision-making power between the Token Council, Security Council, and Guardians, the platform empowers the community to participate in shaping the future of ZKsync. Token holders and their delegates propose changes, while security experts review the code, and Guardians ensure every decision respects the values of the ecosystem.

    Future Perspectives of ZKsync Governance Model

    This governance launch follows the Era mainnet going live in March 2023 and the ZK token launch in June 2024. Despite the significant drop in daily transactions on the network, the governance system is designed to create a sustainable, community-driven future for ZKsync.

    The goal of ZKsync’s governance model is to prevent any single entity from having complete control and to foster a decentralized ecosystem that enables community-driven improvements and protects against governance misuse.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Pepe Memecoin Wallets Show Accumulation Despite Market Bearishness

chest

The top 100 wallets of the Pepe memecoin have accumulated 2.302 trillion PEPE over the past four months, indicating potential for a breakout as market sentiment improves.

user avatarMaria Fernandez

Coinbase Faces Significant Stock Decline Amid Crypto Market Volatility

chest

Coinbase's stock has dropped significantly due to recent volatility in the crypto market, leading to a downgrade in price estimates by analysts.

user avatarGustavo Mendoza

Coinbase Requests Analysts to Submit Questions Ahead of Earnings Call

chest

Coinbase has requested analysts to submit their questions in advance of its earnings call, a practice not commonly seen.

user avatarRajesh Kumar

Democratic Lawmakers Slam SEC Chair Over Crypto Regulation Issues

chest

Democratic lawmakers criticized SEC Chair Paul Atkins for neglecting crypto scams linked to President Trump during a House Financial Services Committee hearing.

user avatarLuis Flores

SEC Chair Under Fire Over Justin Sun Case During Congressional Hearing

chest

SEC Chair Paul Atkins faced scrutiny from Rep. Maxine Waters during a hearing regarding the paused lawsuit against Justin Sun, amid new allegations of insider trading.

user avatarMiguel Rodriguez

Decline in Bitcoin Profit-Taking Observed

chest

Significant decline in profit-taking on the Bitcoin network reported by Glassnode, with the Realized Profit-Loss Ratio recently dropping to 132.

user avatarMaria Gutierrez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.