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COINTURK NEWS > Blockchain News > ZKFair Announces Airdrop Event
Blockchain News

ZKFair Announces Airdrop Event

In Brief

  • Web3 developments continue with the rise of the crypto market.

  • ZKFair, a Layer-2 protocol, shares details of its airdrop event.

  • Security is crucial for participants in airdrop events like ZKFair's.

COINTURK NEWS
COINTURK NEWS 2 years ago
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With the rise in the cryptocurrency market, significant developments continue in the Web3 space. In particular, airdrop activities that started in the Solana ecosystem are beginning to accelerate in the Ethereum ecosystem as well. So, what are the noteworthy details in the ZKFair airdrop events announced on December 20th? Let’s examine them together.

Contents
Announcement of Airdrop from ZKFairWhat Are the Criteria for the ZKF Airdrop?

Announcement of Airdrop from ZKFair

ZKFair, the first Layer-2 protocol that will use the stablecoin USDC as its native token, shared details about its airdrop event in an announcement made on December 20th. Accordingly, users who transacted on popular Layer-2 projects such as zkSync, Scroll, Linea, and Polygon networks between October 20th and December 20th will be eligible for rewards from this airdrop event.

You can check the eligibility criteria for the ZKF airdrop on their official website. The ZKF token supply has been set at 10 billion by the team and will be in circulation from the launch day, with the entire token supply being distributed in airdrop events.

Two important criteria play a role in the airdrop event; a community-focused airdrop and a transaction fee-focused airdrop. While 2.5 billion ZKF tokens are allocated for the community, 7.5 billion ZKF tokens are set aside for transaction fees.

What Are the Criteria for the ZKF Airdrop?

The community airdrop event includes several criteria. Accordingly, 800 million tokens are allocated for Polygon zkEVM users. For zkSync, Scroll, ZKSpace, and Linea users, 200 million tokens are set aside. Other criteria include Lumoz loyalty points, developers involved in the ZKFair protocol, and Ordinal token holders. Claims for Ordinal token holders will be opened in the future.

For the transaction fee-focused airdrop event, the commission fees that users will spend on the ZKFair mainnet will be considered. Accordingly, for every dollar “burned” by users on the upcoming ZKFair network, they will earn 2500 ZTF tokens. This event will be initiated by the team on December 23rd.

So, is ZKFair safe? Recently, especially with companies like Starknet and LayerZero expected to hold airdrop events, hackers continue to take steps to seize users’ Web3 wallets. Therefore, users should always perform a security check before connecting their wallets to websites for every airdrop event. ZKFair has received a passing grade from everyone as it is supported by Polygon and Bitget.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 21 December, 2023 - 7:36 pm 21 December, 2023 - 7:36 pm
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