ZKsync Mainnet Governance Launches With Onchain Contracts
Key points
- ZKsync has officially launched its governance model with smart contracts active on the mainnet.
ZKsync mainnet governance is live, enabling decentralized decision-making with the Token Assembly, Security Council, and Guardians ensuring balanced control over the protocol’s future.
ZKsync Mainnet Governance Model Goes Live
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 are in line with the platform’s core principles.
The goal of this model is to prevent any single entity from having complete control. Matter Labs, the team behind ZKsync, aims to foster a decentralized ecosystem that enables community-driven improvements and protects against misuse of governance power.
Read more: ZKsync Elastic Chain Launched to Support Expanding Layer 2 Ecosystem
ZKsync Governance Model Seeks Decentralization
The new ZKsync mainnet governance model aims to achieve true decentralization. By distributing decision-making power between the Token Assembly, 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.
This governance launch comes after the Era mainnet goes live in March 2023, followed by the ZK token launch in June 2024. Despite the sharp decline in daily transactions on the network, the governance system is designed to create a sustainable, community-driven future for ZKsync.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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ZKsync Mainnet Governance Launches With Onchain Contracts
Key points
- ZKsync has officially launched its governance model with smart contracts active on the mainnet.
ZKsync mainnet governance is live, enabling decentralized decision-making with the Token Assembly, Security Council, and Guardians ensuring balanced control over the protocol’s future.
ZKsync Mainnet Governance Model Goes Live
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 are in line with the platform’s core principles.
The goal of this model is to prevent any single entity from having complete control. Matter Labs, the team behind ZKsync, aims to foster a decentralized ecosystem that enables community-driven improvements and protects against misuse of governance power.
Read more: ZKsync Elastic Chain Launched to Support Expanding Layer 2 Ecosystem
ZKsync Governance Model Seeks Decentralization
The new ZKsync mainnet governance model aims to achieve true decentralization. By distributing decision-making power between the Token Assembly, 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.
This governance launch comes after the Era mainnet goes live in March 2023, followed by the ZK token launch in June 2024. Despite the sharp decline in daily transactions on the network, the governance system is designed to create a sustainable, community-driven future for ZKsync.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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