ZKsync Rolls Out Decentralized Governance Model on Mainnet

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by Giorgi Kostiuk

2 years ago

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  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.

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