AccordL2BEAT data showed that ZKFair TVL on the ZK L2 network reached 75.52 million US dollars. The ZKFair airdrop was open for application on January 1st. According to market data, the ZKFair token (ZKF) rose and broke through 0.013 US dollars and is now quoted at 0.01324 US dollars.

ZKFair Community disclosed on social media that the zero-knowledge L2 network ZKFair has announced the launch of a Fair Launch mode to protect the interests of the entire ZKFair community and promote stable development. ZKFair stated that most of the future endorsed new projects, whether they are DeFi, NFT, Socialfi, game projects, etc., will be launched with a very low valuation (about $1 million) and adopt a 100% Fair Launch format.

ZKFair Community announced on social media that in order to ensure the safety of funds and accuracy of data, ZKFair will begin refunding gas fees in two days (48 hours), while the ZKF token application process will begin at 11:00 am (UTC+8) on January 1, 2024. In addition, ZKFair also stated that it will purchase ZKF tokens from the secondary market and distribute rewards, and all tokens will be airdropped to the community.

On December 23rd, L2Beat data showed that the TVL of ZK L2 network ZKFair had exceeded 12 million US dollars in just 3 days after its launch. The Gas fee airdrop will officially start at 11:00 on December 23rd. At that time, 7.5 billion ZKF tokens will be produced and airdropped to all participating users through the Gas fee airdrop.

Official message, ZK L2 network ZKFair has passed the comprehensive audit of two audit agencies, Secure3 and ScaleBit. The audit report has been uploaded to Github for public display. It is reported that ZKFair's audit content includes five items: ZKFair system contract, ZKFair cross-chain bridge service, ZKFair chain node service, ZKF pledge contract, and Gas Fee Sharing contract. ZKFair is the first L2 network based on Polygon ZK and Celestial DA, and is supported by Lumoz's computing power.

Owlto Finance launched the ZKFair airdrop batch query tool. Users can now use Owlto Finance to check multiple addresses at once to see if they are eligible for the ZKFair network airdrop.

ZKFair has launched the first community-owned ZK Layer 2 network, aiming to address the challenges of the existing ZK ecosystem, such as high valuations and limited user participation. The initiative advocates for active community involvement and rewards users for their contributions to the evolution of ZK. ZKFair also introduces technical highlights, such as the use of USDC as the gas token and support for atomic cross-rollup communication. The democratic approach of allowing community voting to elect governance members ensures a balanced distribution of power and empowers every community member with decision-making authority over ZKFair’s future.