Community-driven ZK L2 network ZKFair has announced that it has started distributing Gas fee profits on the ZKFair chain. All ZKF stakers can view their individual benefits in real-time through the ZKFair official website. As the first L2 network in the industry to distribute Gas fee profits, ZKFair officially launched the ZKF staking function on January 10. As of now, a total of 2.5 billion ZKF tokens have been staked, accounting for 25% of the total token supply. There are 34,871 independent staking addresses, and these users will share 75% of the total profits according to the corresponding rules, with the remaining 25% allocated to DApp developers.
In terms of specific distribution, ZKFair will settle the total Gas fee revenue weekly. After deducting operational costs, the protocol will automatically distribute the profits to the DApp developer's address and the staked ZKF reward contract in proportion. The distribution is averaged over seven days.
ZKFair adopts a 100% fair launch token model and is supported by the ZK-RaaS platform Lumoz for technology and computational power. ZKFair uses USDC as the Gas token. Its mainnet was launched in December of the previous year, and the current on-chain TVL is $323 million, ranking 8th on the L2 leaderboard.