L2 network ZKFair has launched gas fee dividends, and the total staking amount of ZKF has now surpassed 2.5 billion

ChainCatcher news, the ZK L2 network ZKFair officially announces that it has launched the ZKFair on-chain Gas fee profit distribution. All ZKF stakers can view their personal earnings in real-time on the ZKFair official website. As the first L2 network in the industry to distribute Gas fee profits, ZKFair officially opened the ZKF staking feature on January 10. As of the time of this writing, a total of 2.5 billion ZKF has been staked (accounting for 25% of the total Token supply), with the number of independent staking addresses reaching 34,871. Relevant staking users will share 75% of the total profits according to the rules, while the remaining 25% will be allocated to Dapp developers.

In addition, ZKFair will settle the total Gas fee income weekly. After deducting operational costs, the protocol will automatically distribute profits to the addresses of Dapp developers (contract deployers) and the reward contract for staked ZKF according to the corresponding ratio, with an average release over seven days.

ZKFair adopts a 100% fair launch token model, supported by the technology and computing power of the ZK-RaaS platform Lumoz. ZKFair uses USDC as the Gas token. Its mainnet will go live in December 2023, and as of now, the on-chain TVL has reached 323 million USD, currently ranking 8th on the L2 leaderboard.