Standing Delegate Call - 19.11 Thread

Happy Saturday ZKsync Delegates! :mirror_ball: :sparkles:

Below is the thread to gather discussion topics for the upcoming standing Delegate call on Tuesday, November 19th.

Please drop discussion topics for the call in this thread! The goal is to collaboratively curate the agenda by having Delegates propose discussion topics (with reasoning) in this thread. Others can “upvote” a topic by liking the different posts, which will help prioritize the items for the agenda.

I will update this forum post the day of the call with a proposed agenda based on results from the forum. I will use that agenda as a guide to help facilitate the call.

:phone: Subscribe to the “ZKsync Delegates Calls” calendar to access call invites and links.

Check out the Standing Delegates Call post describing the focus, format, cadence and other details of these standing calls.

Your Gov Experience gal - Shelby

:writing_hand: AGENDA BASED ON THREAD

I unfortunately will likely not be able to make the call given travel conflicts so @rafa will be facilitating this call!

  • Review of Bangkok Delegate Meetup
  • Review of the role of the ZKsync Association and ZKsync Foundation
  • Elastic Chain vision (see this blog post for reference) and role of Matter Labs
  • Execution Delay ZIP
  • Further discussion of ‘DAO best practices
2 Likes

Would be helpful to do a Devcon recap for those who weren’t able to attend.

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Working on a summary post now, but can definitely provide an overview of the Delegate Meetup on the call as well! :slight_smile:

3 Likes
  • Devcon recap as already mentioned. Perhaps worth getting more into the challenges identified and discussed by the different groups that we split up into.
  • The proposal to reduce execution delay
  • Further discussion of ‘DAO best practices’ and a CTA for delegates to drop their own thoughts and experiences (planning to do that myself when I return from Thailand).
  • Deeper dive into ZKsync’s mission and vision both from Foundation but also from Matter Labs.
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Can we invite someone from Matter Labs to share their current efforts to grow the ecosystem? When discussing TPPs to attract new projects to ZKsync, it’s important to consider what they’re already working on. They could also highlight any gaps we might help fill.

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This.

I’m also very curious about Matter Labs’ efforts. This will help us, the delegates, and others who want to contribute to the ecosystem and actively participate, focus on what’s the highest priority, and we’ll all be in sync with the ‘jobs to be done’.

Plus everything @Tekr0x.eth said.

Hi @Sinkas @Tekr0x.eth: I’ve invited Alex G (Founder of Matter Labs and inventor of ZKsync) to join the discussion today. I think they may be able to join for a period and talk through the vision.

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Update @Sinkas @Tekr0x.eth: Marco from Foundation will be joining this week. I’m working for AG to join us next week.

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:phone: :writing_hand: CALL NOTES / LINKS

Thanks to everyone who joined the Standing Delegate Call on Tuesday! Below is a collection of summarized notes and links shared in the call from yesterday.

FYI: Now that we have the recording, notes will be kept very brief. Please watch the recording for full context.

:video_camera: Link to call recording

:information_source: Check out the video description for timestamps on different discussion topics.

Actions

  • Bernard will share some research from Areta about the current state of the ZKsync ecosystem and builders.
  • Shelby and Rafa are already thinking about future Delegate meetups next year (e.g. around ETHDenver, ETHCC, Devconnect). If you have recommendations for what you’d like to see at the next meetup.
  • Shelby and Rafa have organized for Alex Gluchowski to join the next delegate call to answer questions regarding the design of the Elastic Chain

Discussions

  • Marco, Director of the ZKsync Foundation, joined the call to discuss the role of the ZKsync Foundation. Key questions are appended below.
  • Ines brought up the need to clarify the role of Era in the vision of the Elastic Chain.
  • Rafa, Bernard, Sinkas, and Joe shared the outputs of the first ZKsync Delegate Meetup during Devcon last week. The summary & key takeaways from the Delegate Meetup are available here.
  • Rafa shared the role of the Token Assembly in the context of the Elastic Chain Vision:
    • Accelerate the development, secure deployment, adoption of protocol upgrades.
    • Accelerate the activation of ZK Chains.
    • Accelerate the development of flagship applications for each of the ZK Chains.
  • Rafa shared that the Governance Team (Shelby and Rafa) are discussing internally how to mobilize a “Proposal Acceleration Program,” based on the feedback from the Delegate Meetup in the previous week.

FAQ: The Elastic Chain Vision

:information_source: Please note that this is a placeholder post for these questions and clarifications. The Governance Team will try to flesh out a more substaintial post (or series of posts) clarifying these points in the coming weeks with the cooperation of the ZKsync Foundation and the Matter Labs team as needed.

The following FAQs are a collection of topics discussed on the call, as well as 1:1 discussions with ZKsync Delegates over the last 2 weeks. These discussions include a synthesis of discussions (as a group and individually) during the Delegate Meetup in Bangkok and throughout Devcon.

What is the mission of ZKsync?

ZKsync was founded to bring to reality the vision of the ZK Credo: Freedom and prosperity for all. You can read more about the ZK Credo here.

What is the Elastic Chain vision?

Alex Gluchowski (founder of Matter Labs) is meant to join the Delegate Call next Tuesday to share details more on this point.

The Elastic Chain, powered by ZKsync, is an ever-expanding network of ZK rollups (a.k.a. ZK Chains) that are secured by math and natively interoperable under a uniform, intuitive UX.

Ethereum’s rollup-centric roadmap successfully reduced transaction fees, but fragmented liquidity and user experience. The Elastic Chain creates native, trustless, low-cost interoperability between the ZK Chains.

The ZKsync community (known as ZK Nation) includes the Foundation, Token Assembly and other governance bodies, and development organizations such as Matter Labs. Together, the ZKsync community is building the Elastic Chain.

READ MORE: Introducing the Elastic Chain

How can the Token Assembly, including Delegates, contribute to the Elastic Chain vision?

Reminder: The Token Assembly lives within and is supproted by the ZKsync Association.

The Token Assembly helps to:

  1. Secure the protocol, preventing adversarial actors from capturing it, and

  2. Activate programs in service of the ZK Credo vision: Freedom —> Progress —> Prosperity

  3. NOTE: The near-term objective (1-year) is to bring to reality the Elastic Chain, the crucial step towards the ZK Credo overarching vision.

The Token Assembly and the Foundation work together to support the ZKsync Protocol, ZK Chains, and Applications. While the Foundation focuses on strategic deals and funding, the Token Assembly uses Token Mechanics.

All Token Mechanics should positively impact the North Star goals and KPIs (Safety, Assets, Builders, Community) to:

  1. Accelerate the development, secure deployment, and adoption of new protocol changes. For example: ZIP 001: Protocol Defense and ZIP 002: 3-Hour Execution Delay. Other proposals that have been discussed by ZKsync Delegates include bug-bounty programs, safeharbor, and adoption incentives for unique protocol features such as SSO.
  2. Accelerate the activation of ZK Chains. For example, new proposals were discussed last week to support ecosystem-wide Chain infrastructure to decrease launch friction, ZK Chain governance participation, and rewards for achieving key growth milestones.
  3. Accelerate the development of flagship applications for each of the ZK Chains. For example, new proposals were discussed last week to help ZK Chains accelerate flagship application growth.

What is the role of the ZKsync Foundation?

The Foundation is an independent entity whose mandate is to accelerates the growth rate of the ecosystem. It does this by:

  • Creating strategic partnership by aligning incentives (with large partners joining the ecosystem) via swaps (e.g. with Treasure) and grants
  • Funding the development of key infrastructure that is important for the ecosystem (e.g. accountability infrastructure like RFPs)
  • Funding core ecosystem participants like Guardians, Security Council and the Association
  • Bootstrapping markets that would not materialize or materialize slowly if not supported (insurance, liquidity in DEX, etc.)

In the first months since its inception it has mainly focused on ZK Chains, Apps and Infrastructure strategic partnerships.

What is the role of Matter Labs?

Matter Labs is the organization which invented ZKsync and the Elastic Chain. They are an independent development organization, tasked and rewarded for developing protocol upgrades, and submitting them to ZKsync governance for approval and adoption. Over time, ZKsync will continue to decentralize the protocol development process as more organizations contribute to the development work.

What is the role of the ZKsync Era Chain?

The Era Chain, developed by Matter Labs, exists to support the vision of the Elastic Chain. In this way, it should bootstrap all necessary components of the Elastic Chain vision. This includes:

  1. being a testbed for new ZKsync protocol improvements and ecosystem-wide UX features;

  2. addressing ZK Chain needs, such as a providing a central liquidity hub; and,

  3. providing a space for new apps to launch, should they not have another ZK Chain home.

1 Like