ZKsync Creator Proposes Overhaul of Governance Token to Enhance 'Economic Utility'

Governance Token Overhaul Proposal: Alex Gluchowski, co-creator of ZKsync, has proposed a significant redesign of its governance token to enhance economic utility and ensure the network captures value as it evolves into a complex ecosystem of zero-knowledge chains.

New Tokenomics Structure: The revamped tokenomics would generate value through on-chain protocol fees and off-chain enterprise licensing agreements, with the extracted value directed towards governance-controlled initiatives like market buybacks, staking rewards, and ecosystem funding to promote decentralization and sustainability.