What is ZKFair? ZKFair is the first community ZK-L2 based on Polygon CDK and Celestia DA, powered by Lumoz, a ZK-RaaS provider. ZKFair utilizes stablecoin USDC as the gas token. ZKFair ensures 100% EVM compatibility, exceptional performance, minimal fees, and robust security.
Why we need ZKFair? In today's Ethereum ecosystem, ZK-Rollup technology is gaining traction as a vital solution for scalability enhancement and reducing transaction costs. However, the majority of ZK-Rollup projects share a common issue: unfairness. These projects, despite not issuing tokens, lucratively profit from users' transaction fees. Users engage frequently on these platforms, paying substantial Gas fees for each transaction, yet receiving no substantial commitment to reciprocal rewards. Furthermore, these ZK-Rollup projects are entirely controlled by centralized teams, leaving the community unable to partake in operations and governance, thus denying regular users their rightful benefits. Hence, there's an urgent need for a new kind of ZK-Rollup project, one entirely driven by the community, centered on principles of fairness and transparency, while delivering returns to users and enabling decentralized governance.
Distribution of ZKF Tokens The ZKF token serves as the governance token of ZKFair. ZKF token holders have the right to participate in the decentralized governance of ZKFair, including the election of Community Governance Representatives and the ultimate decision-making on major matters, alongside the entitlement to L2 Gas Fee sharing. The total supply of ZKF tokens is 10 billion, with 2.5 billion fairly airdropped to the community and the remaining 7.5 billion generated entirely through Gas Fee Airdrop after the mainnet launch. There will be no future issuance of ZKF tokens. All 10 billion ZKF tokens will become immediately available and enter circulation after the conclusion of the airdrop.
Total Supply: 10 billion. Gas Fee Airdrop: 7.5 billion Community Airdrop: 2.5 billion
The Team of ZKFair No Investors, No Reserve, No Pre-mining, It's All Community.
The Testnet and Mainnet launch time Testnet: Dec. 7th, Eth2023 Mainnet: Dec.20th, 2023