Alex Gluchowski, founder of ZKsync (ZK), has announced a major update to the tokenomics of their project. This new model seeks to shift the ZK token from a governance-focused tool into a valuable asset offering tangible economic benefits. 💸 💻 🏦 The proposal outlines that cross-chain fees and enterprise license revenues will be integrated into the ZK token, guaranteeing all generated value is utilized for buybacks, burning, staking, and ecosystem funding.
DeFiLlama data reveals ZKsync Era’s total revenue currently stands at $30.03 million, but only $640,000 in revenue was generated last year. Gluchowski explains, “ZK was initially a purely governance token. However, with interoperability and the real-world adoption of Prividiums, this proposal seeks to give the token tangible economic benefits.” This change is designed to align usage with value. In essence: when the network sees action, the ecosystem benefits.
The new model generates value in two ways:
1. On-chain interoperability fees: revenue generated from moving assets and messages between ZKsync and Prividium.
2. Off-chain corporate license revenues: revenue generated from licensing advanced modules to be used by banks and financial institutions.
All this generated revenue will flow into a governance-controlled system, where it will be directed for ZK buybacks, staking rewards, token burns, and ecosystem funding. Gluchowski argues that this approach ensures decentralized sustainability by directly aligning usage with value, ensuring the ZKsync network captures a substantial share of the economic benefits it generates.
*This is not investment advice.*