Tally is excited to support the launch of ZKsync Governance, the onchain governing body of the ZKsync protocol. Since the launch of ZK Sync Era on mainnet, the protocol has experienced incredible success scaling Ethereum with over 6 million wallet addresses created & 350 million+ transactions, all while maintaining incredibly low fees.¹

“Cryptography and blockchains are redefining our collective future once more. ZKsync is poised to power this new wave of progress through zero-knowledge (ZK) proofs that enable an ever expanding verifiable blockchain network, bringing digital sovereignty to billions with a protocol built on a foundation of integrity and security.

*To bring Ethereum to the masses and shape the future of the internet, ZKsync must maintain strong social and technical decentralization guarantees. To remain resilient in the journey ahead, ZKsync depends on a vibrant community empowered to drive meaningful change through protocol governance.” *(Introducing ZK Nation)

ZKsync Governance Structure

The ZKsync protocol token, through ZK Nation's onchain governance framework, is designed to empower token holders to delegate, propose protocol upgrades, deliberate, and vote.

• Three Body Governance¹

  • “ZKsync will implement a governance system that empowers ZK Nation to drive the continuous development of the ZKsync protocol. Protocol token holders will be able to introduce proposals and vote on protocol upgrades and network parameter changes.

    The ZKsync governance system is made up of three onchain bodies: the Token Assembly, Security Council, and Guardians, which will sit within different legal structures ensuring maximum protection for the Token Assembly. Together they will interact with ZKsync’s smart contracts and coordination channels such as ZKsync’s initial delegation and voting portal on Tally.”

• Token Assembly¹

  • “The Token Assembly proposes, deliberates and ratifies initiatives that govern the ZKsync protocol, token and governance systems, fostering a collaborative decision-making process.”

• ZKSync Guardians¹

  • “The Guardians act as protectors of the ZK Credo’s values by exercising their veto and/or approving emergency actions related to the ZKsync network.”

• Security Council¹

  • “The Security Council is a group of highly technical and skilled engineers, auditors, and cybersecurity professionals that safeguard the ZKsync protocol and network technical security. They provide technical reviews for protocol upgrades approved by the Token Assembly.”

To dive deeper into the ZKsync Governance philosophy & how to get involved in the DAO check out Introducing ZK Nation & Announcing the ZKsync Call for Delegates.

Tally’s Role

“To bring Ethereum to the masses and shape the future of the internet, ZKsync must maintain strong social and technical decentralization guarantees. To remain resilient in the journey ahead, ZKsync depends on a vibrant community empowered to drive meaningful change through protocol governance.”¹

Tally’s role as the service provider for ZKsync Governance of the ZKsync protocol creates a virtuous cycle of innovation for the ZKsync DAO & the broader onchain governance ecosystem. Tally works closely with onchain organizations, such as DAOs, to provide product innovation & services to provide the most impactful solutions for complex governance problems.

Tally is excited to support the launch & continued growth of the ZKsync protocol as ZK Nation begins governing onchain.

¹Introducing ZK Nation

Stay updated on all things ZK Nation @theZKNation

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