$ZK Serious Concerns About Treasury Spending in ‘Community Activation RFP 3: #ZKsync Institutional Narrative Experiment’ While Zk token continues to Decline.
This proposal is honestly embarrassing.
The token has been under constant selling pressure, yet the treasury keeps spending hundreds of thousands of ZK on “narrative experiments” and social media campaigns. A few weeks ago millions of tokens were already distributed in similar so-called community initiatives. Now another 833k ZK is being allocated for coordinated messaging. From a token holder perspective, this looks like treasury-funded propaganda while the token continues to be dumped.
Where are the real measures to support the token economy?
• Where are buybacks or burn mechanisms tied to protocol revenue?
• Where is the plan to create real demand for ZK instead of funding marketing waves?
• Why is treasury spending focused on narrative control rather than value creation?
Staking numbers already show the problem: ZKsync struggles to reach even ~200M tokens staked while a similar amount unlocks every month. That is not a sign of strong confidence.
A simple question to the founders and team: do you actually hold ZK tokens yourselves, and are they locked long term? If the core team is not aligned with the token, why should the community be?
The community supported ZKsync because of the technology. What we are seeing now looks more like treasury extraction than responsible governance.
Focus on building real value, not funding marketing campaigns while the token bleeds.
This proposal is honestly embarrassing.
The token has been under constant selling pressure, yet the treasury keeps spending hundreds of thousands of ZK on “narrative experiments” and social media campaigns. A few weeks ago millions of tokens were already distributed in similar so-called community initiatives. Now another 833k ZK is being allocated for coordinated messaging. From a token holder perspective, this looks like treasury-funded propaganda while the token continues to be dumped.
Where are the real measures to support the token economy?
• Where are buybacks or burn mechanisms tied to protocol revenue?
• Where is the plan to create real demand for ZK instead of funding marketing waves?
• Why is treasury spending focused on narrative control rather than value creation?
Staking numbers already show the problem: ZKsync struggles to reach even ~200M tokens staked while a similar amount unlocks every month. That is not a sign of strong confidence.
A simple question to the founders and team: do you actually hold ZK tokens yourselves, and are they locked long term? If the core team is not aligned with the token, why should the community be?
The community supported ZKsync because of the technology. What we are seeing now looks more like treasury extraction than responsible governance.
Focus on building real value, not funding marketing campaigns while the token bleeds.
