DeFi Intel

ZK (zkSync) token

Token · PageRank 0.0008

Source: blog.zknation.io

Overview

ZK (zkSync) is the native governance and utility token of the zkSync Era, a Layer 2 scaling protocol for Ethereum that uses zero-knowledge rollup technology. It is used to pay network fees, participate in protocol governance, and incentivize ecosystem participants.

Within the DeFi Intel graph, ZK (zkSync) connects to 1 tracked entity, most strongly to zkSync Era.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).

RelationConnected entityConfidence
governance_token_ofzkSync Era95%

Frequently asked questions

What is ZK (zkSync)?

ZK (zkSync) is the native governance and utility token of the zkSync Era, a Layer 2 scaling protocol for Ethereum that uses zero-knowledge rollup technology.

What is ZK (zkSync) used for?

ZK (zkSync) is used to pay network fees, participate in protocol governance, and incentivize ecosystem participants.

What chain does ZK (zkSync) run on?

ZK (zkSync) is the governance token of zkSync Era, which is a Layer 2 scaling protocol for Ethereum.