ZK Nation Community Announces "Upgrade ZK Token Contract and Introduce Permissionless Burn Function" Proposal

By: theblockbeats.news|2025/11/11 10:15:55

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BlockBeats News, November 11th, the ZK Nation community has proposed the "Upgrade ZK Token Contract and Introduce Permissionless Burn Function" proposal, with voting scheduled to begin on November 13th. The proposal includes suggesting upgrading the ZK token contract to ZKTokenV3, which minimally extends upon ZKTokenV2, with new features including: Public Burn (any token holder can permanently burn their own held tokens); addresses holding the BURNER_ROLE can burn tokens from specified accounts; allowing any program to read the contract's 21 billion ZK maximum supply and enforcing this limit when minting new tokens.

This upgrade sets the foundation for the ZKnomics vision, achieving supply management through programmable token burning.

-- Price

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