ZK Nation now aims to upgrade the token contract with programmable burns and a 21 billion supply cap, with voting set to start November 13.
ZK Nation has proposed upgrading the ZK token contract to ZKTokenV3 through governance proposal ZIP-14, adding a public burn function to allow supply management by programmable burns and enforcing a hard cap of 21 billion tokens. Voting is scheduled to start November 13 following the proposal’s submission. This update expands on earlier plans for permissionless burns by introducing stricter supply limits.