L2 network ZKFair launches test network and airdrops 100% tokens to the community

Bitget App

Trade smarter

Bitget

News

Cointime2023/12/07 02:21

By:Cointime

On December 7th, the first community L2 network ZKFair announced that its testnet was officially launched last night, and after the mainnet is launched, it will airdrop 100% of the tokens to all community users through Gas fee Airdrop.

ZKFair is the first experimental L2 based on Polygon CDK and Celestia DA, aiming to build a fair launch, fully community-driven and community-autonomous ZK L2 network. ZKFair uses stablecoin USDC as its native token, ensuring its 100% EVM compatibility, low gas fees, high performance, and high security.

According to ZKFair official information, the total amount of ZKF tokens is 10 billion, of which 2 billion will be fairly airdropped to L2 community users, and the remaining 8 billion will be produced through Gas Fee airdrop after the mainnet is launched, with a Gas Fee cap of 3 million USDC, first come first served. There will be no further issuance of any ZKF tokens in the future. All 10 billion ZKF tokens will be immediately released and circulated.

It is expected that the ZKFair mainnet will be launched around December 20th.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14