Executed

[TPP-5] ZKsync Security Council Bridge Funding


ID 103009...9886

ID 103009...9886

ZkTokenGovernor

ZkTokenGovernor

Proposed on: Jul 7th, 2025

Proposed on: Jul 7th, 2025

Votes

Actions

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Custom

0x5A7d...af3E

grantRole(..)

Custom

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0x5A7d...af3E

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grantRole(..)

Proposal

[TPP-5] ZKsync Security Council Bridge Funding

TitleZKsync Security Council Bridge Funding Proposal
Proposal TypeTPP
One Sentence SummaryThis proposal requests 10.87m ZK tokens to fund the operations of the ZKsync Security Council for June and July, prior to a revised Security Council funding request being put forward in August.
Proposal AuthorZKsync Security Council
Proposal SponsorCyfrin
Date Created7 July 2025
Versionv1.0
Summary of ActionApprove minting rights for 10.87m ZK via a capped minter for the ZKsync Security Council, to cover operational costs for two months.
Link to proposal discussionhttps://forum.zknation.io/t/tpp-draft-zksync-security-council-bridge-funding/718
Link to contractZkSC_July_2025 Capped Minter

Abstract

This Token Program Proposal (TPP) requests 10.87m ZK tokens to fund the ZKsync Security Council (ZKSC) for two months, supporting its mandate to safeguard the protocol through both emergency and governance actions. During this two month period, the ZKSC will iterate on the existing Security Council parameters, to refine the model ahead of a longer-term funding request in August 2025. A single capped minter will facilitate disbursement, subject to cancellation by the Token Assembly. Accountability will be maintained via a public report at the end of the funding period.

Motivation

The ZKsync Security Council plays a foundational role in maintaining protocol security, continuity, and governance execution. From managing emergency upgrades to approving ZIPs (protocol upgrades) during the Risk Review Period, its responsibilities require high availability, deep technical expertise, and operational rigour. Funding for the first 12-24 months of the ZKSC was bootstrapped by the ZKsync Foundation. As a result of the volatility of the token price, the ZKSC has exhausted all funds and is requesting ZK tokens to provide bridge funding in order to maintain operational responsiveness while the next iteration of the ZKSC is finalised.

Specification

The request for 10,866,500 ZK tokens is detailed below. Calculations are made with a token price of $0.040 to account for token volatility.

Total Budget

Category2-Month Total (USD)ZK Token PriceZK Amount
SC Signer Compensation$382,000$0.0409,550,000
Foundation Entity Costs$40,000$0.0401,000,000
Total$422,00010,550,000
Rounded Token Requestincl. 3% buffer10,866,500

SC Signer Compensation is dictated by SLA terms, as set out in the Security Council bylaws which can be viewed from Section 2.1.b. in Schedule 3: ZKsync Security Council of the Governance Procedures.

Capped Minter Structure

Capped MinterAdminMinter RoleMinting StartMinting End
ZkSC_July_2025ZKSCZKSCJuly 21, 2025Sept 30, 2025
  • The capped minter will authorize up to 10.87M ZK tokens (10,866,500 ZK)
  • Any tokens that are not distributed by September 30th will be returned to the ZK supply.

Accountability

  • Annual Reports: The ZKSC will publish a report by 30th September annually, or otherwise required by any future governance guidance. The report will summarize:
    • Emergency freeze activity
    • Governance approvals and delays
    • SLA performance per member
    • Membership changes or recommendations
  • Governance Oversight: The Token Assembly may cancel the capped minter prior to execution. If there is a TPP submitted onchain, the ZKSC will refrain from minting tokens until the related cancellation vote has ended.

Participants

  • ZKsync Security Council: Administers funding and contracts for Security Council Members
  • Security Council Members: Technical operators responsible for onchain security actions and governance approvals
  • Token Assembly: Oversees minting and retains final authority to halt funding
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