• 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

Bitcoin Price Stuck Between Key Levels After Recent Bounce

chest

Bitcoin rebounded after dipping below recent lows but remains trapped in a tight range.

user avatarArif Mukhtar

Bitcoin Faces Crucial Make-or-Break Moment Inside Gaussian Channel

chest

Bitcoin is trading deep inside the Gaussian Channel, marking a critical moment for potential price movement.

user avatarMaria Gutierrez

OKX Announces Delisting of KITE Perpetual Futures on December 8

chest

OKX announces the delisting of the KITEUSDT perpetual futures trading pair on December 8, 2023, affecting traders holding positions in this market.

user avatarDavid Robinson

PEPE Website Breach Raises Security Concerns

chest

A recent breach of the PEPE website redirected users to malicious pages, prompting caution among the community.

user avatarAndrew Smith

PEPE Weekly Chart Shows Head and Shoulders Pattern

chest

Traders are monitoring a large Head and Shoulders formation on the weekly PEPE chart, indicating potential downside risk.

user avatarJacob Williams

BlackRock CEO Larry Fink Advocates for Tokenization in Finance

chest

Larry Fink, CEO of BlackRock, advocates for the transition towards tokenized stocks, highlighting its transformative potential in finance.

user avatarZainab Kamara

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.