ZKFair TVL breaks a new high, currently reported at 132 million USD, ranking 12th

2024-01-11 10:20:30

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ChainCatcher news, L2beat data shows that the first community-driven ZK L2 network ZKFair has reached a new high in TVL, currently at $132 million, with a 24-hour increase of up to 109%, ranking 12th on the L2 leaderboard. On the news front, ZKFair announced the launch of the ZKF staking mechanism, where users can earn Gas fee profit dividends by staking ZKF.

The staking function officially went live on January 10, but to ensure that more users can participate fairly, users could only perform Staking operations before January 15. After January 15, users can share 75% of the total Gas fee profit based on their staking points ratio, while the remaining 25% will be allocated to Dapp developers. As of the time of writing, the amount of ZKF staked has exceeded 1 billion.

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