The community-driven ZK L2 network, ZKFair, has achieved a historic high with its on-chain Total Value Locked (TVL) topping $130 million, according to data from L2BEAT. On the L2 leaderboard, the 24-hour growth is as high as 109%, placing it in 12th place. With the recent launch of ZKFair’s ZKF staking mechanism, users can now stake ZKF tokens to get dividends on petrol fees from the ZKFair network.
Users are unable to perform staking activities until January 15. Users will receive 75% of the entire gas charge earnings after 15 January based on their staking point ratio, with DApp developers receiving the remaining 25%. The amount of ZKF that has been staked as of this writing has surpassed one billion. ZKFair uses USDC as the gas token and employs a 100% fair token launch strategy. The ZK-RaaS platform Lumoz provides technical and computational power assistance for ZKFair.
