Zkircuit
  • Introduction
    • Introduction
  • Features
    • Scalable Layer 2 Solutions
    • Zkircuit DAO
    • Comprehensive Developer Support
    • Testnet
  • Mechanism
    • Layer 2 Scaling Technology
    • MEV Protection Mechanism
    • Developer Support and API Integration
    • Security and Compliance
    • Onboarding and User Interface
    • Testnet for Community Engagement
  • Tokenomics
    • Supply and Allocation
    • Governance and Usage
  • Roadmap
    • Phase 1: Foundation and Development
    • Phase 2: Testnet and Community Engagement
    • Phase 3: Mainnet Launch and Expansion
    • Phase 4: Scaling and Advanced Feature Integration
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On this page
  • ZKIT Token Utilization
  • Decentralized Autonomous Organization (DAO)
  1. Features

Zkircuit DAO

ZKIT Token Utilization

ZKIT tokens are integral to the Zkircuit ecosystem with multiple uses:

  • Governance: Token holders can participate in the governance of the network through the Zkircuit DAO, proposing and voting on protocol updates and changes.

  • Transaction Fees: ZKIT is used to pay for transaction fees on the Layer 2 network, ensuring fast and efficient processing.

  • Premium Features: Access to certain advanced features on Zkircuit might require payment or staking of ZKIT tokens, fostering a robust utility model for the token.

Decentralized Autonomous Organization (DAO)

The Zkircuit DAO is central to its governance structure, providing a democratic platform for ZKIT token holders to influence the direction and policies of the network. This includes:

  • Proposal Submissions: Members can submit proposals for any changes or improvements they wish to see.

  • Voting Mechanisms: Each token holder can vote on proposals, with decisions made based on majority consensus.

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Last updated 11 months ago