The founder of ZKsync has released a proposal for the ZK token update, stating that all network revenue will be used to buy back and burn ZK tokens

ZKsync founder Alex (@thealexgluchowski) released the "ZK Token Proposal Part I," proposing a significant update to the ZK token economic model, with the core mechanism being that all revenue generated by the network will be used to buy back and burn ZK tokens.

Alex stated that in the future, ZK tokens will no longer be limited to governance purposes but will have actual value capture functionality. The sources of network value include: all of this revenue will flow into a governance-controlled mechanism for ZK buybacks and burns, staking rewards, and ecosystem development funds. Alex emphasized that this move aims to directly link the value of ZK tokens to network usage, promoting ZKsync to form a self-reinforcing sustainable economic system.