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The TVL on the ZKFair chain exceeds 18 million US dollars, and the gas fee consumption has exceeded 1.6 million US dollars in less than 5 hours since

The TVL on the ZKFair chain exceeds 18 million US dollars, and the gas fee consumption has exceeded 1.6 million US dollars in less than 5 hours since

CointimeCointime2023/12/24 08:29
By:Cointime

As of 4pm, the official ZK L2 network ZKFair Gas fee airdrop event has attracted over 15,000 participants on its launch day. As of the time of writing, the total Gas fee consumption has exceeded 1.6 million USDC, and TVL has exceeded 18 million US dollars, with data still rapidly growing.
It is reported that the ZKFair Gas fee airdrop event officially started on December 24th at 11:00 (GMT+8). Users can consume Gas Fee by interacting with ZKFair's mainnet to participate in the airdrop of a total of 7.5 billion official ZKF tokens. According to the rules, the event is divided into four phases (each phase lasts 12 hours), with a Gas fee limit of 750,000 USDC for each phase. Users can share 1.875 billion ZKF tokens according to their Gas fee contribution ratio. The official promise is that any excess will be returned to the users.
According to L2BEAT data, since the launch of ZKFair's mainnet, the TVL has exceeded 18 million US dollars in just four days, ranking 20th on the L2 list.
ZKFair is the first L2 network based on Polygon ZK and Celestial DA, supported by Lumoz's computing power. Based on the concept of fair launch, it airdrops 100% of its tokens and is a completely community-driven L2 network. ZKFair launched its mainnet on December 20th.

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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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