ZKsync Mainnet Governance Launches With Onchain Contracts - Coincu
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LIVE UPDATES • ZKsync Mainnet Governance Launches With Onchain Contracts • Spot Bitcoin ETF Inflows Reach $39M As BTC Nears $58,000 • Kalshi Political Prediction Markets Halted Amid CFTC Appeal • Trading Expert Who Called Ethereum’s $4,800 Peak in 2021 and $900 Lows in 2022 Forecasts 50x Jump for RWA Token Under $0.10 • Rexas Finance (RXS) Zooms Past Shiba Inu (SHIB) and DOGS as Most Googled Cryptocurrency After Presale Stage 1 Sells Out in Under 4 Days • Whales Flock as BlockDAG Hits $72.3M & Teases Premier League Deal, While Chainlink Faces Bearish Trends & ICP Struggles • Tether Transparency Problems Are Coming Under Heavy Criticism • Sky WBTC Exposure Slowly Diminishing With New Governance Proposal • Hamster Kombat Airdrop Will Launch With Binance Listing On Sep 26 • Treasure DAO Proposal Released for Layer 2 Migration
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.
governance Governance model Zksync
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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.
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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.
Visited 1 times, 1 visit(s) today