Executed

[TPP-4] Deactivate Capped Minters for TPP-1 Ignite Program


ID 420654...6311

ID 420654...6311

ZkTokenGovernor

ZkTokenGovernor

Proposed on: May 6th, 2025

Proposed on: May 6th, 2025

Votes

Actions

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Address

Details

Custom

0x5A7d...af3E

revokeRole(..)

Custom

Account

0x5A7d...af3E

Method

revokeRole(..)

Custom

0x5A7d...af3E

revokeRole(..)

Custom

Account

0x5A7d...af3E

Method

revokeRole(..)

Custom

0x5A7d...af3E

revokeRole(..)

Custom

Account

0x5A7d...af3E

Method

revokeRole(..)

Custom

0x5A7d...af3E

revokeRole(..)

Custom

Account

0x5A7d...af3E

Method

revokeRole(..)

Custom

0x5A7d...af3E

revokeRole(..)

Custom

Account

0x5A7d...af3E

Method

revokeRole(..)

Custom

0x5A7d...af3E

revokeRole(..)

Custom

Account

0x5A7d...af3E

Method

revokeRole(..)

Custom

0x5A7d...af3E

revokeRole(..)

Custom

Account

0x5A7d...af3E

Method

revokeRole(..)

Custom

0x5A7d...af3E

revokeRole(..)

Custom

Account

0x5A7d...af3E

Method

revokeRole(..)

Custom

0x5A7d...af3E

revokeRole(..)

Custom

Account

0x5A7d...af3E

Method

revokeRole(..)

Custom

0x5A7d...af3E

revokeRole(..)

Custom

Account

0x5A7d...af3E

Method

revokeRole(..)

Proposal

TitleDeactivate Capped Minters for TPP-1 Ignite Program
Proposal TypeTPP
One Sentence SummaryThis proposal removes the minter role from all Ignite Program capped minters.
Proposal AuthorBaptiste (Merkl)
Proposal SponsorBaki
Submitted onchain2025-05-06
Versionv1
Summary of ActionRevoke Minter Role from all Ignite Program capped minters to prevent further minting.
Link to forum posthttps://forum.zknation.io/t/tpp-x-deactivate-capped-minters-for-tpp1-ignite/665
Link to contractsn/a

Simple Summary

This proposal removes the minter role from Ignite Program capped minters.

Abstract

Now that the Ignite Program has concluded, the Token Assembly will ensure that no remaining unminted supply in the affiliated program or admin capped minters can be minted. This proposal includes the call data required to revoke the minter role from all capped minters linked to the Ignite Program.

Motivation

Cancellation of Token Programs using the ZkCappedMinterV1 can be done in one of two ways:

  1. Sending the admin multisig control to a burn address; or
  2. Revoking the Minter Role via a Token Assembly proposal.

The DSC multisig is required to remain active to complete unclaimed token reallocations. As such, a Token Assembly-approved proposal is necessary to revoke the Minter Role from Ignite capped minters.

Please note that the limitations considered here are specific to the Ignite Program deployed with ZkCappedMinterV1 contracts.

For future token programs, the ZkCappedMinterV2 contracts allow the deactivation of a ZkCappedMinterV2 through the admin controlled cancel() function. Please refer to the following documentation for more information.

Impact

This proposal ensures the safety and security of the remaining unminted supply in each capped minter. Neither the DeFi Steering Committee multisig or any other actor who would be able to gain access the multisig would be able to mint any further tokens from the Ignite Program Capped Minters.

Mechanic

This proposal would include the revokeRole() call on each of the following Ignite Program capped minters.

Capped MinterAddressTotal Cap (ZK)Remaining Cap (ZK)
IP-ZK-Distro-Minter-10xe546AEaaC57584da7554e7F88154DeDAD30A82b050,000,000~11,492,378
IP-ZK-Distro-Minter-20x11791c6249631555cEb75CB39128789E3954c2EC50,000,000~37,582,899
IP-ZK-Distro-Minter-30x3BC3f64d084bE6d3336f10340DC8424290FFc4ab50,000,00050,000,000
IP-ZK-Distro-Minter-40xDa2fBE31Fd47Af741bdB3dBC4eb662dA0107D33a50,000,00050,000,000
IP-ZK-Distro-Minter-50x6b689B93B368c7C25E6e5ecaeAb23C11F8C2c39250,000,00050,000,000
IP-ZK-Distro-Minter-60x2CC6c7b1a59A23fB3faCAFe4A3791C5c8A58Cbcc50,000,00050,000,000
IP-ZK-Admin-Minter-OBL0xD375A20d93C2F7C6a83B19C5ae153cF2C6e09ba94,995,5002,811,028
IP-ZK-Admin-Minter-Merkl0x2ADa5C15BC4FEE97EC2463ce4F8E4557174B8Dcf4,634,5003,707,600
IP-ZK-Admin-Minter-DSC0x4E86e74237Eb1f9432810eB5ab5861368d2f59643,250,0002,890,000
IP-ZK-Admin-Minter-Supporting-Services0x178bFf5A197FB4499526D04Db602C45cEDCA40a912,120,00018,230,349
Total Amount of Unminted ZK Remaining in Capped Minters325,000,000~276,714,254

Plan & Accountability

If the proposal is passed, there will be no further action or oversight required to prevent further minting from the Ignite Program capped minters.

Other Information

Original Proposal: [TPP-001] ZKsync Ignite Program: Creating a Liquidity Hub for ZKsync

Program Cancellation: ZKsync Ignite Cancellation

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Status