ZKFair launches the testnet and will airdrop 100% of tokens to the community
ChainCatcher news, the L2 network ZKFair announced that its testnet officially went live last night, and after the mainnet launch, it will airdrop 100% of the tokens to all community users in the form of a Gas fee Airdrop. The ZKFair mainnet is expected to go live around December 20. It is reported that ZKFair is an experimental L2 based on Polygon CDK, Celestia DA, and Lumoz ZK-RaaS, aiming to build a fair launch, fully community-driven, and community-governed ZK L2 network. ZKFair uses the stablecoin USDC as its native token.
According to official information, the total supply of the ZKF token is 10 billion, of which 2.5 billion will be fairly airdropped to L2 community users, and the remaining 7.5 billion will be fully produced through Gas Fee airdrops after the mainnet launch, with a Gas Fee cap of 3 million USDC. In the future, no new ZKF tokens will be issued. All 10 billion ZKF tokens will be released and circulated immediately.