ZK Nation Empowers Holders to Directly Manage Token Supply

ZK Nation has put forward a proposal to update its

token contract, introducing a permissionless burn feature—an important milestone in its plan for programmable supply control. The community revealed this initiative on November 11, with . This proposed change, which would upgrade the contract to ZKTokenV3, is intended to make the token more adaptable and .

The updated contract brings three main enhancements: a public burn option that lets any holder destroy their own ZK tokens permanently; a BURNER_ROLE system, which allows certain addresses to burn tokens from designated accounts; and a clearly defined 21 billion ZK maximum supply, which will be strictly upheld during minting

. These updates are meant to decentralize how token supply is managed, moving away from centralized oversight to a model where burning can be done by individuals or through code .

Building on ZKTokenV2, the upgrade introduces only minor changes to maintain compatibility, while expanding capabilities. Importantly, the 21 billion ZK limit will be open for verification by any program,

. This is in line with ZK Nation’s vision of establishing a self-regulating token system, where supply shifts are determined by on-chain events rather than centralized decision-making .

This proposal has attracted attention from major blockchain and crypto media outlets such as Bitget, Mars Finance, and Weex,

and token economics and . Market observers consider the permissionless burn mechanism a notable advancement, as it gives token holders direct influence over supply without needing intermediaries . This may help curb inflation risks and boost trust in the token’s scarcity framework.

The voting process, which began on November 13, will decide if the upgrade moves forward. Should it pass, the new system is expected to make supply management more efficient and lay the groundwork for future programmable economic strategies

. Community feedback will play a vital role, as the long-term success of ZKnomics depends on broad acceptance of these decentralized approaches.

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