Thank you to the delegates who have engaged with the proposal so far. The contributions from @0xmadmaxx.eth, @Kwankhao, and @BE4_2_L8 in particular have helped sharpen our thinking on reporting, structure, and execution accountability. There has been meaningful overlap across the questions and comments raised, so we’ve prepared the following post to address the common themes rather than reply point by point.
Existing Reporting
This is constructive feedback we’ve heard from multiple voices. Quarterly Deliverables Reports remain the primary basis for evaluating execution against the 2026 roadmap. The current reporting cadence is documented in the Q1 2026 Deliverables Report (engineering and protocol milestones) and the Prividium Roadshow H1 2026 Update (institutional pipeline and BD progress).
We appreciate the community input on surfacing institutional adoption metrics and pipeline stage transparency more clearly. The reporting framework will continue to evolve over the allocation period in dialogue with the community, balancing depth and clarity with the commercial sensitivities involved in active partner engagements.
Market impact and token absorption
We understand the concern, and that current market conditions make this a fair question to raise. The structure is built around minimum market impact:
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No immediate liquidity at proposal passage
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Sequential monthly distribution
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Schedule cannot be accelerated, start and end dates of each capped minter are immutable parameters once deployed
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Where conversion to operating capital is required, Matter Labs uses OTC and structured channels in line with onboarded market makers; no commitment is made to any specific volume, schedule, or counterparty
The Token Assembly retains the right to revoke the minter role on any future monthly minter at any time. The allocation is ZK-denominated, not USD; Matter Labs bears the same exposure to ZK price movements as any other holder.
On the broader question of community trust: quarterly reporting and the Token Assembly’s revocation rights are the structural commitments. The track record on shipping is what we’re staking the rest on, which is what we’ll continue to demonstrate through public deliverables.
Timing with v31 onchain submission
A fair point on sequencing. v31 (the ZIP-16 Interop Bundles Upgrade) is currently in its final testing phase. It is expected to be published onchain by mid-June. Once published, the upgrade will go to a governance vote, and upon passage executed. The target for production execution is the end of Q2 2026, ahead of the first monthly capped minter, which activates July 1, 2026.
The sequencing is therefore aligned so that v31 is expected to ship ahead of the first minter activation.
Accountability features
As outlined in the proposal’s Accountability Framework section, the allocation has accountability at multiple structural levels:
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Each monthly capped minter is independently revocable by the Token Assembly through a governance vote at any point
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The Program Admin Multisig (5-of-7, with three Foundation, two ZKGPS, and two Security Council signers) holds the admin role on every capped minter and can revoke the minter role from Matter Labs on any individual capped minter
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The Security Council holds the pauser role on every capped minter
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Quarterly Deliverables Reporting provides the visibility for governance to act on missed milestones
The structure favors at-will revocation by the Token Assembly over pre-specified algorithmic triggers because execution quality is a judgment harder to reduce to a fixed rule than the Assembly can apply contextually.
Role of Matter Labs at this stage of development
At the protocol layer, Stream 1 of this allocation advances decentralized sequencing and prover networks toward Stage 1+ rollup maturity. This is the technical work that reduces the network’s reliance on any single operator over time.
At the governance layer, Matter Labs commits that any tokens received under this allocation will not be used to vote on any ZKsync governance proposal. This is a public commitment by Matter Labs that applies to all tokens minted under the allocation. This separation between Matter Labs as the protocol developer and the Token Assembly as the governance body is the answer for this allocation period.
A broader institutional-execution decentralization roadmap is a related but separate conversation, and we welcome community-led proposals that explore it.