Close Menu
  • Crypto News
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Trending

Israel, Iran Ceasefire Ignites Crypto Surge As Bitcoin Tops $106k

June 24, 2025

UK’s Smarter Web Company adds 196 Bitcoin to balance sheet amidst Iran-fueled price rebound

June 24, 2025
Malware Steals Photos To Find Crypto Seed Phrases

Malware Steals Photos To Find Crypto Seed Phrases

June 24, 2025

Kaspersky flags new crypto malware targeting seed phrase screenshots

June 24, 2025

DeFi Development to tokenize stock on Solana via Kraken

June 24, 2025
Facebook X (Twitter) Instagram
  • Advertise
en English
nl Nederlandsen Englishfr Françaisde Deutschit Italianoru Русскийes Españolzh-CN 简体中文hi हिन्दीja 日本語
Crypto Observer
  • Crypto News

    Israel, Iran Ceasefire Ignites Crypto Surge As Bitcoin Tops $106k

    June 24, 2025

    Discover How Coinzilla Powered Bitget’s Performance in Web3

    June 24, 2025

    Is Ethereum Staging A Repeat Of 2021? Here’s Why A 200% Surge Could Follow

    June 24, 2025

    Trump’s ETF Rumors Spotlights Bitcoin, Are Ethereum and These 2 Other Coins The Best To Watch In June?

    June 24, 2025

    Cardano Headed For $0.32 If This Level Isn’t Reclaimed

    June 24, 2025
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi
Facebook X (Twitter) Instagram
Crypto Observer
Home » Technology » ZKFair Mainnet hits $324M TVL amid 10+ exchange listings and Gas fee airdrops
Technology

ZKFair Mainnet hits $324M TVL amid 10+ exchange listings and Gas fee airdrops

Crypto Observer StaffBy Crypto Observer StaffJanuary 23, 2024No Comments3 Mins Read
Facebook Twitter Pinterest Reddit Telegram Email LinkedIn Tumblr
Share
Facebook Twitter LinkedIn Pinterest Email

In a month filled with groundbreaking achievements, the ZKFair Mainnet has surged into the spotlight of the cryptocurrency world.

With a $324 million Total Value Locked (TVL), innovative Gas fee Airdrops, and strategic token listings, ZKFair, a project powered by Polygon CDK, Celestia DA, and Lumoz RaaS, is rewriting the narrative 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 prevalent in the ZK ecosystem. The project addresses issues like overvaluation and lack of participation through a fully community-driven approach.

A quarter of ZKF tokens were airdropped to users who engaged with networks like Polygon zkEVM, ZKSpace, zkSync, Linea, Scroll, and holders of Lumoz loyalty points. The remaining 75% was distributed through Gas fee Airdrops, creating a strong foundation for the community.

ZKFair’s recent milestones and achievements

The achievements of ZKFair in the past month are nothing short of remarkable.

The Mainnet is not only online but operating seamlessly, boasting a peak TVL of $324 million. The Gas Fee Airdrop campaign, concluding successfully, drew over 200,000 participants, consuming a total gas of more than 100 million USDC.

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, enhancing liquidity and market recognition.

ZKFair’s L2 Gas Fee 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 the total profit goes to ZKF stakers, while the remaining 25% supports DApp developers, showcasing ZKFair’s commitment to community-driven growth.

Looking forward, ZKFair is not resting on its laurels. The ambitious $10 billion target is not just a fantasy but a well-thought-out goal. The recently 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 the industry’s demands. The establishment of an on-chain ecosystem remains a top priority, with over 100 projects expressing interest. Notable partnerships and collaborations, including .zkf domain name services with SPACE ID and deployment of the Element NFT project, underline 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, ushering in a new era of fairness and community-driven innovation.

The post ZKFair Mainnet hits $324M TVL amid 10+ exchange listings and Gas fee airdrops appeared first on Invezz

Read the full article here

Featured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Malware Steals Photos To Find Crypto Seed Phrases

Malware Steals Photos To Find Crypto Seed Phrases

June 24, 2025
Celestia Founder Defends Team Amid Dumping Allegations

Celestia Founder Defends Team Amid Dumping Allegations

June 24, 2025
Who Is Ripple’s Arthur Britto That Broke 14 Years Of Silence

Who Is Ripple’s Arthur Britto That Broke 14 Years Of Silence

June 24, 2025

Google introduces AI mode to users in India

June 24, 2025
Add A Comment

Leave A Reply Cancel Reply

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Top Posts

Israel, Iran Ceasefire Ignites Crypto Surge As Bitcoin Tops $106k

June 24, 2025

UK’s Smarter Web Company adds 196 Bitcoin to balance sheet amidst Iran-fueled price rebound

June 24, 2025
Malware Steals Photos To Find Crypto Seed Phrases

Malware Steals Photos To Find Crypto Seed Phrases

June 24, 2025
Advertisement
Demo

Crypto Observer is your one-stop website for the latest crypto news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram
Crypto News

Discover How Coinzilla Powered Bitget’s Performance in Web3

June 24, 2025

Is Ethereum Staging A Repeat Of 2021? Here’s Why A 200% Surge Could Follow

June 24, 2025

Trump’s ETF Rumors Spotlights Bitcoin, Are Ethereum and These 2 Other Coins The Best To Watch In June?

June 24, 2025
Get Informed

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Facebook X (Twitter)
  • Privacy Policy
  • Terms of use
  • Advertise with us | Publishing
  • Contact us
  • Crypto News – Press release
  • Newsletter sign up
  • Markets
  • Altcoins
  • Bitcoin
  • Crypto News
  • DeFi
  • Ethereum
  • Technology
  • Blockchain
  • AI
  • NFT
  • Thanks for joining us
© 2025 Crypto Observer. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.