ZKFair TVL breaks new high, now valued at US$132 million, ranking 12th

L2beat data shows that the TVL on the community-driven ZK L2 network ZKFair chain has reached a new high. The current TVL is 132 million US dollars, with a 24-hour increase of 109%, and it is now ranked 12th in the L2 rankings. On the news, ZKFair announced the launch of the ZKF staking mechanism. By staking ZKF, users can obtain gas fee profit dividends from the ZKFair network. The staking function has been officially launched on January 10th. However, in order to ensure that more users can participate fairly, users can only perform staking operations before January 15th. After January 15th, users can divide it according to the proportion of staking points. 75% of the total gas fee profit will be allocated to Dapp developers, and the remaining 25% will be distributed to Dapp developers. As of press time, the amount of ZKF pledged has exceeded 1 billion. ZKFair adopts a 100% fair launch token model and is supported by technology and computing power from the ZK-RaaS platform Lumoz. ZKFair uses USDC as Gas token. After its mainnet was launched, TVL soared to US$124 million in 6 days. Currently, the ZKFair token ZKF has been listed on more than 10 exchanges including Bybit, Gate.io, Bitget, and KuCoin.