The ZK L2 community network ZKFair officially announced the launch of its testnet on December 7, 2023, and opened it to all community users. The project is still in a very early stage. Users can perform cross-chain transactions and transfers, among other related operations. During the testnet period, the project team will gradually launch ecosystem projects such as Swap, lending, NFT market, and gaming, and collaborate with well-known projects such as Orbiter, Space ID, OKX Wallet, Bitget Wallet, TP Wallet, iZUMi, Meson, and others to launch related functionalities. It is expected that the mainnet will be launched around December 20.

ZKFair is a community movement related to ZK L2, which aims to resist various pain points in the current ZK L2 ecosystem, such as high valuations, high barriers to entry for ordinary users, and other issues. It is also the first L2 network based on Polygon CDK, Celestia DA & Lumoz ZK-RaaS, and is launched 100% fairly.

On the day the ZKFair testnet was launched, over 30,000 users joined the community and interacted on the testnet. Its innovative economic model has always been a focus of attention for community users, and this article will focus on introducing the innovative 100% community Fair Launch model initiated by ZKFair.

ZKFair uses USDC as the fee token, and its native token is ZKF, with a total supply of 10 billion, distributed as follows:

75% Gas fee Airdrop

• After the ZKFair gas fee airdrop program is launched (expected to be within 3-5 days after the mainnet goes live), users who generate fees by interacting with the ZKFair mainnet will receive airdropped rewards in ZKF tokens, with a limit of $3 million. Rewards will be distributed on a first-come, first-served basis. (Please note that ZKFair has only launched the testnet at the moment, and all testnet functionalities are for testing purposes only.)

25% Community Airdrop

• 8% for Lumoz point holders (can check personal total points on the Lumoz website)
• 8% for the Polygon community (specific airdrop methods to be determined)
• 2% for ZKSync, Scroll, ZKSpace, and Linea communities (addresses that have interacted in the past 2 months)
• 2% for early code contributors
• 5% for Ordinals community token holders (this airdrop will not be unlocked immediately and will be available for claiming after ZKFair supports the BTC ecosystem)

Note: The Ordinals community has always been a top priority for the community, which aligns with our vision. Therefore, ZKFair will airdrop 5% of tokens to Ordinals community users, making it the first community project to airdrop tokens to the Ordinals community.

To achieve absolute fairness and justice in the launch, more specific details about the ZKFair gas fee airdrop program will be announced before its launch. The entire process will be conducted without the participation of VCs, no pre-mining, and no early reservations.

After the ZKFair gas fee airdrop program ends, ZKFair will fully open the ZKF token airdrop for claiming. All eligible users can claim airdrop rewards through a designated page on the official website. The claiming period will be 10 days, and users who do not claim within this period will be considered to have automatically forfeited their rewards, and these tokens will be directly destroyed. The ZKFair team will not conduct any token issuance in the future.

The challenges of unfairness and high barriers to user participation faced by the current ZK ecosystem cannot be solved by individual efforts alone, and the future prosperity and development of its ecosystem is a long and arduous journey. The emergence of ZKFair may lead the industry into a new chapter. Since its inception, ZKFair has advocated for the community-driven, large-scale development of the ZK L2 network, and firmly believes that the realization of this mission depends on the participation of every ordinary user.

For more details, please follow the official website on Twitter: https://twitter.com/ZKFCommunity

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