According to ChainCatcher, ZKsync officially launched its on-chain governance system, which consists of three major institutions: the Token Holder Assembly, the Security Committee, and the Guardian.
The Token Holder Assembly allows token holders and representatives to submit and vote on protocol upgrades directly on-chain.
The Security Committee is composed of technical experts who are responsible for reviewing and approving protocol upgrades and have the authority to freeze the protocol in emergency situations.
Guardians ensure that governance proposals are aligned with the values of the ZK Creed.
The governance system supports three types of proposals: ZKsync Improvement Proposals (ZIPs), Token Program Proposals (TPPs), and Governance Advisory Proposals (GAPs).
