ZKFair PriceZKF

What is ZKFair (ZKF)?

ZKFair (ZKF) is a community-driven zero-knowledge Layer 2 network built on Ethereum, positioned as the first community ZK-L2 in the ecosystem. The project is constructed using Polygon CDK for its chain development stack, Celestia DA for data availability, and Lumoz as its ZK-RaaS provider. This combination delivers a high-performance zkEVM environment that maintains 100% EVM compatibility, allowing developers to migrate existing Ethereum applications seamlessly. The network uses USDC as its native gas token, a design choice that removes volatile gas exposure and provides predictable, dollar-denominated transaction fees for users and businesses. ZKFair employs ZK-Rollup technology to aggregate and manage transactions off-chain, improving efficiency while retaining Ethereum-level security through zero-knowledge proofs. The total supply of ZKF is capped at 10 billion tokens, with 100% of that supply already in circulation. The token sale concluded on January 5, 2024, and the project has since focused on building its ecosystem and community presence.

Key Specifications & Tokenomics

• Name: ZKFair
• Symbol / Ticker: ZKF
• Blockchain / Platform: ZKFair zkEVM Layer 2 network
• Consensus / Architecture: ZK-Rollup with zero-knowledge proofs
• Underlying Stack: Polygon CDK, Celestia DA, Lumoz RaaS
• Native Gas Token: USDC
• Chain ID: 42766
• Network ID: 42766
• RPC Endpoint: https://42766.rpc.thirdweb.com
• Explorer: https://scan.zkfair.io
• Total Supply: 10,000,000,000 ZKF
• Maximum Supply: 10,000,000,000 ZKF
• Circulating Supply: 10,000,000,000 ZKF
• Token Distribution: 2.5 billion ZKF airdropped to the community; 7.5 billion ZKF generated through gas-based mechanisms
• Token Sale: Concluded January 5, 2024; IEO on Gate.io Startup with a startup purchase price of 0 USDT, startup supply of 29,000,000 ZKF, 100% unlock rule, total raised $100.00, public sale valuation $50.00K, pre-valuation $13M, price $0.0013
• EVM Compatibility: 100% EVM compatible
• EIP-7702: Supported
• Code Repository: https://github.com/ZKFair

Who created ZKFair?

Detailed public information about the founding team and individual creators behind ZKFair is currently limited. The project is described as a decentralized community-driven initiative rather than a traditionally led corporate venture. TokenInsight maintains a page on ZKFair team and founder information, but comprehensive public disclosure of individual identities has not been widely distributed. The project's community account on X, @ZKFCommunity, serves as a primary communication channel and emphasizes the collective, community-owned nature of the project. The absence of a publicly identified core team aligns with the project's stated ethos of decentralization and fair community participation. Prospective users and investors should conduct their own research and exercise standard due diligence when engaging with any project where team information is not fully disclosed.

How does ZKFair work?

ZKFair operates as a zero-knowledge rollup Layer 2 solution on Ethereum. Transactions are executed off-chain and aggregated into batches, which are then submitted to Ethereum with zero-knowledge proofs that verify the correctness of the computation. This architecture reduces the computational burden on the Ethereum mainnet while inheriting its security guarantees. The network achieves typical block times of approximately two seconds and can handle hundreds of transactions per second under load, with peak activity reaching hundreds of thousands of daily transactions. Average gas costs are often below $0.01 when paid in USDC, making microtransactions and high-frequency use cases economically viable. Because USDC serves as the gas token, fees are predictable and denominated in dollars, which simplifies budgeting for consumers and businesses. The chain is 100% EVM compatible, meaning developers can deploy existing Ethereum smart contracts without modification. ZKFair is built on Polygon CDK, which provides the modular framework for constructing the chain, while Celestia DA handles data availability and Lumoz provides ZK-RaaS infrastructure.

What makes ZKFair unique and valuable?

ZKFair distinguishes itself through several core attributes. First, it is positioned as the first community-driven ZK-L2, with a governance and distribution model designed around community ownership rather than venture capital allocation. The project conducted a 100% fair launch, with 2.5 billion ZKF airdropped to the community and the remaining 7.5 billion generated through gas-based mechanisms. Second, the use of USDC as the native gas token is a notable design decision that eliminates the need for users to hold a volatile asset to pay transaction fees. This creates a more predictable cost environment, which is particularly valuable for stablecoin payments, remittances, DeFi lending, on-chain gaming, and microtransactions. Third, the project leverages established infrastructure in Polygon CDK, Celestia DA, and Lumoz, which provides a robust technical foundation without requiring the team to build every component from scratch. Fourth, the project emphasizes a fair distribution model and aims to usher in a new era of fair token launches while tackling challenges in the ZK ecosystem. The combination of community governance, stablecoin gas, and ZK-Rollup scalability gives ZKFair a distinct position in the Layer 2 landscape.

What is ZKFair used for?

The ZKF token functions within the ZKFair network and its broader ecosystem. ZKF is used in the network's gas-based generation mechanism, where 7.5 billion tokens are generated through gas-related activity. The token also serves as a community governance asset, reflecting the project's community-driven governance model. Beyond the token itself, the ZKFair network is designed for several practical use cases. Stablecoin payments and remittances benefit from predictable, low-cost USDC-denominated fees. DeFi trading and lending applications can operate on a 100% EVM-compatible chain with fast block times. On-chain gaming and microtransactions are viable due to sub-cent average gas costs. Developers can build, monetize, and scale applications, games, or agents on ZKFair using thirdweb tooling, with documentation available at the thirdweb portal. Users can bridge USDC to ZKFair via the thirdweb Bridge by connecting a wallet, selecting a source chain, choosing a token, selecting ZKFair as the destination, entering an amount, and confirming the transaction. Sending and receiving USDC on the network follows standard wallet interaction patterns with review of gas fees before confirmation.

How Is the ZKFair ecosystem developing?

The ZKFair ecosystem is in an early stage of development. The project launched its token sale in January 2024 and has since established core network infrastructure including the mainnet, a block explorer at scan.zkfair.io, and bridge functionality through thirdweb. The community account on X, @ZKFCommunity, has grown to over 215,000 followers since joining in December 2023, indicating significant community interest. The project has made integration announcements, including a full integration announced in November 2024. Ecosystem development includes support for wrapped USDC on ZKFair, known as WUSDC, which carries tags related to rehypothecated crypto, DeFi, and wrapped tokens. Developers can access building tools through thirdweb to create and scale applications on the network. The project has been covered by various crypto media outlets and data platforms, and it maintains an active presence on social channels including Telegram at t.me/zkfaircommunity. The ecosystem remains nascent, and users should monitor official channels for updates on new applications, integrations, and network activity.

How to mine ZKFair?

ZKFair does not use traditional proof-of-work mining. As a ZK-Rollup Layer 2 network, it relies on zero-knowledge proofs and off-chain transaction aggregation rather than energy-intensive mining. The ZKF token distribution includes a gas-based generation mechanism through which 7.5 billion tokens are generated, which is distinct from conventional mining or staking rewards. Users interact with the network by bridging USDC, conducting transactions, and participating in on-chain activity. There is no public staking mechanism described in the available materials for earning ZKF rewards. Community members may qualify for airdrops based on historical activity, such as transactions on zkEVM Layer 2 networks like Polygon zkEVM. The project's fair launch model means tokens were distributed through airdrops and gas-based generation rather than through a mining process. Users interested in acquiring ZKF can do so through supported trading venues, and those interested in supporting the network can participate in governance and community activities.

How to keep your ZKFair Coin safe?

Securing ZKF tokens requires standard cryptocurrency security practices. Use a reputable wallet that supports the ZKFair network and its chain ID 42766. Hardware wallets provide an additional layer of security by keeping private keys offline. Never share your private key or seed phrase with anyone, and be cautious of phishing attempts that impersonate official ZKFair channels. Always verify URLs before connecting your wallet, and use the official explorer at scan.zkfair.io to confirm transaction details. When bridging assets, ensure you are using the official bridge interface and double-check destination addresses. Because ZKFair uses USDC as its gas token, you will need USDC on the network to pay for transactions, so maintain a small balance for gas. Be aware that the project has been associated with a cross-chain bridge controversy in which $6 million was moved out of its bridge, sparking rugpull concerns. Additionally, market activity and liquidity for ZKF have been flagged as limited by some data providers. Exercise caution, conduct independent research, and consider the risks before interacting with the network or holding the token. Store the majority of your holdings in cold storage and only keep what you need for active use in a hot wallet.