CALL NOTES & RECORDING
Thanks to everyone who joined the Weekly Proposal Review Call! We discussed updates on ZIP-15 L1 execution, the current expected ZIP-16 onchain submission timeline, noted Staking Pilot Program next steps not that Season 1 has concluded, Alex Keating from ScopeLift presented the Fee Flow system post on the forum, and Alex Gluchowki (he CEO of Matter Labs) joined the call to present the current state of ZKsync and a new proposal Matter Labs has been working on. We also discussed the ZKsync Lite claim contract and the role governance now plays managing it.
Please note the last half of the call was unfortunately not recorded.
Below is a collection of summarized notes and links shared in the call.
Check out the video description for timestamps on different discussion topics. Given we have the recording, notes will be kept very brief. Please watch the recording for full context!
Proposal Updates
- Pending L1 Execution: [ZIP-15] Update ZKsync Security Council Parameters - L1 execution expected by the end of this week/early next week. This ZIP reduces the number of Security Council signers from 12 to 8, adjusts signer compensation to $3k per month, and updates the signing thresholds for 8 signers.
- Forum Draft: [ZIP-16] V31 Interop Bundles Upgrade - Onchain submission currently expected week of June 1 pending audit finalization & successful testing. **This ZIP proposes the v31 protocol upgrade for ZKsync. The release introduces Interop Calls and Bundles, Interop Fees, support of Stage 1 for ZKsync OS L1-settling chain, and broad ZKsync OS compatibility work across the protocol’s contract layer.
Coming Soon: Alex Gluchowski joined the call to present the current state of ZKsync, the strategy to win institutions over the next 12 months, and present a new proposal that Matter Labs has been working on. The proposal draft will be hitting the forum within the next 2 weeks.
Live Token Program Updates
ZKnomics Staking Pilot Program:
Season 1 has officially ended as of May 11th. Staking Pilot Program Admin to share Season 1 report summarizing key metrics & takeaways within the next 2 weeks. It will also include next steps for Season 2.
Governance Mechanics & Updates
ZK Token Fee Flow System v1.0 Overview
The Fee Flow system gives ZKsync Governance two onchain mechanisms for handling protocol fees: a permissionless auction that converts non-ZK fee assets into ZK, and a splitter that routes the resulting ZK according to parameters governance sets, such as burn or other destinations.
@keating from ScopeLift joined the call to discuss the post. He outlined the Fee Flow system, how the mechanism could work with various fee inflows, and the powers governance has over it.
Important to note that this is meant to be an interim deployment. There are currently no inflows directed to the interim system. Governance should review and adjust parameters as needed before directing potential funds or fees to the Fee Flow system.
Questions:
- Who will fulfill the admin/emergency role? Currently an intermediate multisig including signers from ZKGPS and the Security Council, however it could be changed to the Security Council.
- Is the auction mechanism an organic demand pathway or a set buyback program? It is open to anyone. Participants are predicted to act on the “spread” between the market price of ZK and the fixed auction price.
- Will every parameter change (like whitelisting a new token) require a full Token Assembly vote? Both the Token Assembly and the Admin multisig are able to make changes to parameters. The idea was to have all parameter changes go through governance, however there is potential to delegating specific roles to admins to reduce overhead or to act in case of market changes.
- When will this be live? The contracts are production-ready/audited, but the system is not “turned on” int he sense that there are not fees currently flowing into it.
Ecosystem Updates
- ZKsync Lite Claim Contract: As of 9:00am UTC on May 4, 2026, block production on ZKsync Lite was suspended, sunsetting the current state of the protocol. The full details have been outlined in this blog post. The management of remaining user funds and the underlying claim contract will shift to control of the Token Assembly and the relevant ZKsync Governance System components. Read more about the transition of ZKsyncLite claim contract to governance here