
鱼人#鱼馆|Sep 15, 2025 05:29
Don't forget to grab your pork rice this afternoon, ZKC fam!
ZKC is the native token of the Boundless Network, officially called Zero Knowledge Coin. It's used for incentivizing Provers, Stakers, governance, and economic security. ZKC is issued through the Proof of Verifiable Work (PoVW) mechanism, aka 'ZK mining,' rewarding useful computation instead of meaningless hashing. Provers need to stake ZKC as collateral (around 10x the proving fee), and late submissions will be penalized to ensure network reliability.
Tokenomics:
- Total supply: 1 billion tokens (Genesis issuance).
- Circulating supply: ~200.93 million tokens (as of September 15, 2025).
- Maximum supply: Unlimited (inflationary mechanism).
- Inflation mechanism: 7% in Year 1, gradually decreasing to a fixed 3% by Year 8.
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