In a month full of groundbreaking achievements, ZKFair Mainnet has been thrust into the spotlight of the cryptocurrency world.
With a Total Value Locked (TVL) of $324 million, innovative Gas fee Airdrops and strategic token lists, ZKFair, a project powered by Polygon CDK, Celestia DA and Lumoz RaaS, is rewriting the story of fairness in the ZK ecosystem.
ZKFair’s fair launch model
ZKFair stands out in the competitive crypto landscape by embracing a 100% fair launch model, challenging the unfair practices in the ZK ecosystem. The project addresses issues of overvaluation and lack of participation through a fully community-driven approach.
A quarter of the ZKF tokens were dropped to users engaged with networks such as Polygon zkEVM, ZKSpace, zkSync, Linea, Scroll and holders of Lumoz loyalty points. The remaining 75% was distributed through Gas Fee Airdrops, creating a strong community base.
ZKFair’s recent milestones and achievements
ZKFair’s performance over the past month has been nothing short of remarkable.
The Mainnet is not only online, but also functions seamlessly and has a peak TVL of $324 million. The Gas Fee Airdrop campaign, which concluded successfully, attracted more than 200,000 participants and consumed a total of more than USDC 100 million in gas.
ZKF tokens, with a total supply of 10 billion, were listed on more than 10 exchanges, including Bybit, Kucoin, Bitget, Gate, HTX, MEXC and BitMart, increasing liquidity and market recognition.
ZKFair’s L2 Gas Reimbursement Profit Sharing
A pivotal moment in ZKFair’s journey is the launch of L2 Gas Fee Profit Sharing. With over 2.6 billion ZKF tokens staked and 40,000 unique staking addresses, the community is actively participating in this groundbreaking model. 75% of total profits go to ZKF’s stakers, while the remaining 25% supports DApp developers, demonstrating ZKFair’s commitment to community-driven growth.
Looking ahead, ZKFair is not resting on its laurels. The ambitious goal of $10 billion is not just a fantasy, but a well-thought-out goal. The newly launched staking feature, with its increasing volume and distributed USDC rewards, paves the way for deeper community engagement.
Cross-chain integration of BTC L2 assets is also in the pipeline, demonstrating ZKFair’s commitment to evolving with industry demands. The creation of an ecosystem in the chain remains a top priority, with more than 100 projects showing interest. Notable partnerships and collaborations, including .zkf domain name services with SPACE ID and the deployment of the Element NFT project, underscore ZKFair’s commitment to a diverse and thriving ecosystem.
With these milestones and plans, ZKFair is poised to reshape the landscape of the ZK ecosystem and usher in a new era of fairness and community-driven innovation.
The post ZKFair Mainnet Reaches $324 Million TVL Amid 10+ Listings and Gas Cost Airdrops appeared first on Invezz