Cryptocurrency Encyclopedia

Trading: ZK coins are listed on several cryptocurrency exchanges, allowing users to buy, sell, and trade them with other digital assets or fiat currencies. Trading provides liquidity and facilitates the distribution of ZK coins to a wider audience.
Payments: ZK coins can be used to pay for transaction fees within the ZKsync ecosystem. This includes fees for transfers, token swaps, and smart contract execution. The use of ZK coins as a payment medium encourages adoption and utilization within the network.
Governance: ZK coins empower holders with voting rights, enabling them to participate in the governance of the ZKsync protocol. Holders can contribute to decision-making processes, proposals for network upgrades, and the allocation of ecosystem funds.
Incentives: ZKsync employs various incentive programs to promote the adoption and usage of ZK coins. These programs may include rewards for developers, liquidity providers, and active users, further contributing to the circulation and distribution of ZK coins.
Tokenomics: The total supply of ZK coins is capped at 1 billion, with a significant portion currently in circulation. The token economics and distribution schedule are designed to ensure the sustainability and value of ZK coins over time.

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