Hong Kong, 11th December 2023, ZEX PR WIRE<\/a>,<\/strong> On December 7, 2023, ZKFair, the community-driven ZK L2 network, officially announced the launch of its testnet, opening its doors to all community users. The project is still in its early stages, allowing users to perform various operations such as cross-chain transactions during the testnet phase.<\/p>\n Throughout the testnet period, the project plans to progressively introduce ecosystem projects such as Swap, lending, NFT market, gaming, and collaborate with notable projects like Orbiter, Space ID, OKX Wallet, Bitget Wallet, TP Wallet, iZUmi, Meson, unveiling corresponding features. The anticipated mainnet launch is projected around December 20.<\/span><\/p>\n ZKFair is a community movement focused on addressing pain points within the current ZK L2 ecosystem, including high valuations and barriers to entry for ordinary users. It marks the first L2 network based on Polygon CDK, Celestia DA & Lumoz ZK-RaaS, ensuring a 100% fair launch.<\/span><\/p>\n On the day of ZKFair testnet launch, over 30,000 users engaged with the community, actively participating in testnet interactions. The innovative economic model has been a focal point of community interest, and this article aims to introduce the innovative 100% community Fair Launch mode initiated by ZKFair.<\/span><\/p>\n ZKFair utilizes USDC as the gas fee token, and its reward token, ZKF, has a total supply of 10 billion, allocated as follows:<\/span><\/p>\n \u00a0*<\/span>To appreciate the spirit of the Ordinals community, consistently prioritizing community users, aligning well with our vision. Hence, ZKFair is the first project to airdrop a 5% token allocation to the Ordinals community.<\/strong><\/p>\n To ensure absolute fairness in the launch, specific details of the ZKFair gas fee airdrop program will be announced before its launch. The entire process aims for no VC involvement, no pre-mining, and no advance reservations.<\/span><\/p>\n After the conclusion of the ZKFair gas fee airdrop program, ZKFair will open ZKF token airdrop claims to all eligible users. Users can claim airdrop rewards through a designated page on the official website within a 10-day window. Tokens unclaimed after this period will be considered forfeited and subsequently destroyed. The ZKFair team commits to no future token issuance.<\/span><\/p>\n The emergence of ZKFair addresses challenges in fairness and user participation within the ZK ecosystem. It aspires to guide industry development, advocating for the scalable growth of community-driven ZK L2 networks. Community support is crucial for this journey, and we encourage all users to join ZKFair, contribute to discussions, share ideas, and be part of shaping a ZK ecosystem that reflects user intentions and talent. Let\u2019s redefine the future of ZK together!<\/span><\/p>\n For more details, please follow our official<\/span> Twitter account.<\/span><\/a><\/p>\n<\/div>\n<\/div>\n \nThe Post Understanding the ZKFair Tokenomic Model in One Read\t<\/a> first appeared on ZEX PR Wire<\/a> <\/p>\n<\/div>\n Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact contact@binarynewsnetwork.com<\/p>\n","protected":false},"excerpt":{"rendered":" Hong Kong, 11th December 2023, ZEX PR WIRE, On December 7, 2023, ZKFair, the community-driven ZK L2 network, officially announced the launch of its testnet, opening its doors to all community users. The project is still in its early stages, allowing users to perform various operations such as cross-chain transactions during the testnet phase. Throughout […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-7687","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-news"},"_links":{"self":[{"href":"https:\/\/berlinverdict.com\/wp-json\/wp\/v2\/posts\/7687"}],"collection":[{"href":"https:\/\/berlinverdict.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/berlinverdict.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/berlinverdict.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/berlinverdict.com\/wp-json\/wp\/v2\/comments?post=7687"}],"version-history":[{"count":0,"href":"https:\/\/berlinverdict.com\/wp-json\/wp\/v2\/posts\/7687\/revisions"}],"wp:attachment":[{"href":"https:\/\/berlinverdict.com\/wp-json\/wp\/v2\/media?parent=7687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/berlinverdict.com\/wp-json\/wp\/v2\/categories?post=7687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/berlinverdict.com\/wp-json\/wp\/v2\/tags?post=7687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/p>\n
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