ZKsync Launches Fee Flow System for Protocol Revenue Management
ZKsync Launches Fee Flow System for Protocol Revenue Management
🔧 ZKsync's new treasury tool
ZKsync introduces new Fee Flow System for governance-controlled protocol fees
ZKsync has deployed a new smart contract system that enables ZKsync Governance to manage protocol fee routing through an onchain mechanism. The system, developed by ScopeLift, gives the community direct control over how protocol revenues are distributed.
Key features:
- Smart contracts allow governance to route protocol fees
- Onchain mechanism controlled by ZKsync Governance
- Includes built-in safeguards and mechanics
- Full deployment addresses and technical details available
The Fee Flow System represents a step toward decentralized treasury management, allowing token holders to participate in decisions about protocol revenue allocation.
Check out the post to learn more about the contracts, mechanics, safeguards, and deployment addresses 👇 forum.zknation.io/t/zk-token-fee…
📢 Now On The Forum: ethereum:0x66a5cfb2e9c529f14fe6364ad1075df3a649c0a5 Fee Flow System Following up on the previous ethereum:0x66a5cfb2e9c529f14fe6364ad1075df3a649c0a5 Token Proposals, @ScopeLift is introducing the ethereum:0x66a5cfb2e9c529f14fe6364ad1075df3a649c0a5 Fee Flow
zkSync CEO Alex Gluchowski Discusses Private Infrastructure at Consensus
zkSync founder Alex Gluchowski sat down with Defiant News to discuss the project's approach to private infrastructure and scaling solutions. The interview, conducted at Consensus, covers zkSync's vision for Ethereum Layer 2 scaling and the role of zero-knowledge rollups in blockchain privacy. **Key topics likely include:** - zkSync's technical infrastructure developments - Privacy features in zkRollup technology - The project's roadmap for mass adoption [Watch the full interview](https://www.zksync.io/media/alex-gluchowski-zksync-private-infra-consensus)
Senate Banking Committee Advances CLARITY Act for Digital Assets
The U.S. Senate Banking Committee has voted to move the CLARITY Act forward to the full Senate floor for consideration. The legislation aims to establish a clear legal framework for the digital asset industry in the United States. This marks a significant procedural step in the bill's journey through Congress. **Key Points:** - Committee approval sends bill to full Senate vote - Focuses on creating regulatory clarity for crypto businesses - Represents progress toward formal digital asset legislation The vote signals growing legislative momentum for establishing defined rules around cryptocurrency operations and classifications in the U.S. market.
ZKsync and Prividium Featured in EEA Privacy Working Group Report on Enterprise Ethereum Solutions
The Enterprise Ethereum Alliance (EEA) Privacy Working Group released a report evaluating enterprise privacy solutions for institutional use on Ethereum. **Key highlights:** - ZKsync contributed to the report's development - Prividium was featured among leading enterprise privacy solutions assessed against institutional requirements - The report marks growing recognition of enterprise privacy as core Ethereum infrastructure - Prividium has been instrumental in defining the enterprise privacy category over several years This development reflects ongoing industry collaboration to establish clear standards for enterprise privacy on Ethereum, an area that has been central to ZKsync's architecture since its inception.
ZKsync Staking Pilot Season 1 Concludes with 350M $ZK Staked
ZKsync's first staking pilot season has ended, marking a significant milestone for the Layer 2 network. **Key Metrics:** - Total $ZK staked: ~350 million - New active delegation: ~200 million - Total active delegation: ~1.2 billion - Rewards distributed: 5 million $ZK - Target rate: 10.0% APR The pilot program tested staking mechanics and community participation on the zkRollup network. A comprehensive Season 1 Summary and Key Takeaways Report will be published to the forums soon, detailing performance data and lessons learned. The results will inform the design of future staking seasons as ZKsync continues building its proof-of-stake infrastructure.