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ZKFair will initiate the ZKF pledge mechanism, allowing users to receive dividends from Gas fee profits

ZKFair will initiate the ZKF pledge mechanism, allowing users to receive dividends from Gas fee profits

2024/01/09 03:02

The community-driven Ethereum L2 network, ZKFair, is about to launch the ZKF staking mechanism. Users can earn Gas fee dividends from the ZKFair chain by staking ZKF. In addition, community users can share 75% of the total Gas fee profits based on their proportion of staked points, with the remaining 25% allocated to Dapp developers. The number of stake points depends on the product of the amount and period weight of stakes; longer staking periods and higher weights result in greater returns.

ZKFair adopts a 100% fair token model and is technically supported by Lumoz from the ZK-RaaS platform. USDC is used as a Gas token in ZKFair. After its mainnet went live, TVL has risen to $124 million USD, ranking it at 15th place on L2 leaderboard.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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