Token

Security

Read

<p><strong>Key points</strong></p>   
<ul class="wp-block-list">
  
 <li><em>ZKsync has officially launched its governance model with smart contracts active on the mainnet.</em></li> 
</ul>   
<h5 class="wp-block-heading"><strong>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.</strong></h5>   
<figure class="wp-block-image size-large">
 <a href="https://coincu.com/wp-content/uploads/2024/09/telegram-cloud-photo-size-5-6278285629271949243-y.jpg"><img src="https://coincu.com/wp-content/uploads/2024/09/telegram-cloud-photo-size-5-6278285629271949243-y-1024x576.jpg" alt="ZKsync Mainnet Governance Launches With Onchain Contracts" class="wp-image-282576"></a>
 <figcaption class="wp-element-caption"> 
 </figcaption>
</figure>   
<h2 class="wp-block-heading" id="zksync-mainnet-governance-model-goes-live">ZKsync Mainnet Governance Model Goes Live</h2>   
<p><a href="https://blog.zknation.io/zksync-governance-system/" target="_blank" data-type="link" data-id="https://blog.zknation.io/zksync-governance-system/" rel="noreferrer noopener">ZKsync has officially launched its mainnet governance system</a>, 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.</p>   
<p>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.</p>   
<p class="has-background" style="background-color:#222222"><strong>Read more:<a href="https://coincu.com/242737-revolut-paused-some-crypto-services-by-fca/" target="_blank" rel="noreferrer noopener"> </a><a href="https://coincu.com/84544-central-bank-russia-allow-trade-crypto/" data-type="link" data-id="https://coincu.com/84544-central-bank-russia-allow-trade-crypto/" target="_blank" rel="noreferrer noopener">ZKsync Elastic Chain Launched to Support Expanding Layer 2 Ecosystem</a></strong></p>   
<h2 class="wp-block-heading" id="strong-zksync-governance-model-seeks-decentralization-strong"><strong>ZKsync Governance Model Seeks Decentralization</strong></h2>   
<p>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.</p>   
<p>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.</p>   
<figure class="wp-block-table">
 <table class="has-luminous-vivid-orange-color has-text-color has-link-color">
  <tbody>
   <tr>
    <td><em><strong>DISCLAIMER</strong>:&nbsp;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.</em></td>
   </tr>
  </tbody>
 </table>
</figure>

ZKsync Mainnet Governance Launches With Onchain Contracts

Table of Contents

Coincu

Other articles published on Sep 13, 2024

Ark Invest Said Two Levels Are Critical in Bitcoin, Announced Its Long-Term Expectation!

Ethereum Price Struggles: What’s Behind the Decline and What Lies Ahead?

Binance Announces Catizen as 59th Launchpool Project

Standard Chartered: Bitcoin to $125K with Trump, $75K with Harris

US Spot Bitcoin Exchange Traded Funds (ETFs) See Inflows, Ethereum ETFs Continue Negative Outlook...

a16z Crypto Selects 21 Startups for Fall 2024 Accelerator Cohort

Join our free newsletter for daily crypto updates!