1. Purpose and Value Proposition
Boundless $ZKC aims to address the issue of scalability in blockchain networks, where traditional networks require each node to re-execute transactions, limiting processing speed.
Token Economy and Governance
Supply: One billion tokens were issued initially, with 20.09% of them traded at launch.
Usage: Validators lock ZKC tokens to ensure the validity of proofs and earn rewards; this incentivizes the token economy and fosters network growth as staking reduces inflationary pressure.
Governance: Token holders participate in voting on protocol updates and fee structure.