There has been a lot of discussion on the @zksync governance forum around the proposed 2026 Prividium funding plan. My forum account is still awaiting approval, so I'll share my thoughts here. First, since the proposal was published on June 1, $ZK is down ~25%. While some may point to market conditions, ZK has also underperformed both ETH (-10%) and STRK (-15%) over the same period. It's difficult to ignore the market's reaction to the proposal itself (and that's before voting has even started, let alone implementation). Second, it's clear there is currently no sustainable bid for ZK in the open market. Promising future utility is not the same as delivering it. Crypto markets have stopped pricing in promises a long time ago. With that in mind, I believe @the_matter_labs @gluk64 should consider alternative funding approaches for Prividium 2026: 1/ Delay this proposal until the new features are live on mainnet and protocol revenue buybacks create a sustainable source of demand for $ZK. Deliver utility and value to holders first, then fund development from a stronger position. 2/ If funding is urgently needed, consider OTC deals with transparent terms (e.g. 6+ month lockups), or bring in a strategic investor willing to make a long-term bet on institutional adoption of Prividium. Matter Labs should be the first to send a clear signal that it is committed to growing token value, not just treating the token as a source of funding.