EXECUTED
Ended May 22 at 3:35 PM UTC

[TPP-4] Deactivate Capped Minters for TPP-1 Ignite Program

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0.19Magainst
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TitleDeactivate Capped Minters for TPP-1 Ignite Program
Proposal TypeTPP
One Sentence SummaryThis proposal removes the minter role from all Ignite Program capped minters.
Proposal AuthorBaptiste (Merkl)
Proposal SponsorBaki
Submitted onchain2025-05-06
Versionv1
Summary of ActionRevoke Minter Role from all Ignite Program capped minters to prevent further minting.
Link to forum posthttps://forum.zknation.io/t/tpp-x-deactivate-capped-minters-for-tpp1-ignite/665
Link to contractsn/a

Simple Summary

This proposal removes the minter role from Ignite Program capped minters.

Abstract

Now that the Ignite Program has concluded, the Token Assembly will ensure that no remaining unminted supply in the affiliated program or admin capped minters can be minted. This proposal includes the call data required to revoke the minter role from all capped minters linked to the Ignite Program.

Motivation

Cancellation of Token Programs using the ZkCappedMinterV1 can be done in one of two ways:

  1. Sending the admin multisig control to a burn address; or
  2. Revoking the Minter Role via a Token Assembly proposal.

The DSC multisig is required to remain active to complete unclaimed token reallocations. As such, a Token Assembly-approved proposal is necessary to revoke the Minter Role from Ignite capped minters.

Please note that the limitations considered here are specific to the Ignite Program deployed with ZkCappedMinterV1 contracts.

For future token programs, the ZkCappedMinterV2 contracts allow the deactivation of a ZkCappedMinterV2 through the admin controlled cancel() function. Please refer to the following documentation for more information.

Impact

This proposal ensures the safety and security of the remaining unminted supply in each capped minter. Neither the DeFi Steering Committee multisig or any other actor who would be able to gain access the multisig would be able to mint any further tokens from the Ignite Program Capped Minters.

Mechanic

This proposal would include the revokeRole() call on each of the following Ignite Program capped minters.

Capped MinterAddressTotal Cap (ZK)Remaining Cap (ZK)
IP-ZK-Distro-Minter-10xe546AEaaC57584da7554e7F88154DeDAD30A82b050,000,000~11,492,378
IP-ZK-Distro-Minter-20x11791c6249631555cEb75CB39128789E3954c2EC50,000,000~37,582,899
IP-ZK-Distro-Minter-30x3BC3f64d084bE6d3336f10340DC8424290FFc4ab50,000,00050,000,000
IP-ZK-Distro-Minter-40xDa2fBE31Fd47Af741bdB3dBC4eb662dA0107D33a50,000,00050,000,000
IP-ZK-Distro-Minter-50x6b689B93B368c7C25E6e5ecaeAb23C11F8C2c39250,000,00050,000,000
IP-ZK-Distro-Minter-60x2CC6c7b1a59A23fB3faCAFe4A3791C5c8A58Cbcc50,000,00050,000,000
IP-ZK-Admin-Minter-OBL0xD375A20d93C2F7C6a83B19C5ae153cF2C6e09ba94,995,5002,811,028
IP-ZK-Admin-Minter-Merkl0x2ADa5C15BC4FEE97EC2463ce4F8E4557174B8Dcf4,634,5003,707,600
IP-ZK-Admin-Minter-DSC0x4E86e74237Eb1f9432810eB5ab5861368d2f59643,250,0002,890,000
IP-ZK-Admin-Minter-Supporting-Services0x178bFf5A197FB4499526D04Db602C45cEDCA40a912,120,00018,230,349
Total Amount of Unminted ZK Remaining in Capped Minters325,000,000~276,714,254

Plan & Accountability

If the proposal is passed, there will be no further action or oversight required to prevent further minting from the Ignite Program capped minters.

Other Information

Original Proposal: [TPP-001] ZKsync Ignite Program: Creating a Liquidity Hub for ZKsync

Program Cancellation: ZKsync Ignite Cancellation

Votes
870.91Mfor
0.19Magainst
1.24Mabstain
630MQuorum Reached

Voters
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https://forum.zknation.io/t/tpp-4-deactivate-capped-minters-for-tpp1-ignite/665/3
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Important housekeeping as Ignite winds down.
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This is important to not leave anything hanging.
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This is a well thought out proposal that's been thoroughly assessed
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Democratising lobbyism, on-chain. Check out lobbyfi.xyz
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GM ZK
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The Event Horizon Community voted FOR on this Proposal (ehZKS-4): EventHorizon.vote/vote/zksync/ehZKS-4
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You can find our rationale in our delegate thread: https://forum.zknation.io/t/proxy-prev-boardroom-delegate-communication-thread/330/10
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This proposal responsibly finalizes the Ignite Program by revoking minter roles, ensuring unminted tokens remain inaccessible and securing the protocol against misuse while maintaining functionality for reallocations.
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All FOR ensuring the safety and security of the remaining unminted supply in each capped minter
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As the Ignite Program has concluded, we need to ensure that no remaining unminted supply in the affiliated program or admin-capped minters can be minted.
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They need to be deactivated
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18.87K
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18.07K
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17.5K
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17K
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16.78K
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15.91K
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13.97K
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13.77K
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10K
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10K
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10K
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9K
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9K
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8.96K
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7K
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5K
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5K
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5K
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5K