âą For example, you can swap tokens via DEXs and set more expensive gas and limit parameters in the settings so that the transaction costs $10, not a couple of cents https://sideswap.finance/#/swap
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âą However, the team decided to do so and introduced a restriction:
- Max. Gas Fee for 1 transaction - not more than 100,000 GWEI
- Gas limit - not more than 500 000
- There will be restrictions on the frequency of transactions with 1 IP
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âą Official guides from the project team https://mirror.xyz/zkfair.eth/jjQ1k7x5nwSOJixdVueaiqBZOQCPO3zg24QgL3-FCzc
đ„ 7.5B tokens will be allocated to the participants of the Gas Fee Airdrop event, which starts tomorrow!
Still not ready? Then you definitely need this thread đ
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What is ZKFair?
@ZKFCommunity is the first community ZK-L2 based on Polygon CDK and Celestia DA, powered by Lumoz, a ZK-RaaS provider
The project raised $4M from Web3 com Ventures
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The project has Bitget Wallet and many other projects as partners
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Airdrop
75% (7.5B) tokens will be distributed to Gas Fee Airdrop event worth $3M
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The event was supposed to start today, December 23, but the project team postponed it to December 24 at 11 a.m.
The $USDC gas fee consumed from 11:00 to 13:00 UTC+8 today will be fully refunded to the original addresses
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The event terms were changed:
âą Campaign divided into four 12-hour waves
âą Each wave gets 25% of total $ZKF tokens ($1.875B $ZKF per wave)
âą Token distribution proportional to gas burned during each wave, with excess gas returned
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In simple terms: âą You burn as much gas as you want in any wave. E.g., you burn 1k $USDC âą After the end, count the total amount of gas burned. E.g., you burned a total of $5M $USDC âą You are entitled to 1k / 5M = 0.02% of the total pool, i.e. 1.875B * 0.02% = 375,000 $ZKF
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âą You will be refunded the overpaid gas = 1,000 - (750,000 * 0.02%) = $850 $USDC, where
- 1k is your total gas burned within the wave;
- 750k = (3M * 0.25) - Airdrop gas allocated per wave;
- 0.02% is your share of the total gas burned
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* Whether the refund of overpaid gas will be made immediately after each wave or will be made one-time, after the end of the entire event - is not yet clear
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How to prepare for the event
âą Bridge how much you plan to burn $USDC (gas network token) into the zkFair network
âą You can do it via Orbiter, as you can get an O-Point for it https://orbiter.finance/?source=Ethereum&dest=ZKFair&token=USDCâŠ
âą All projects where you can burn gas here https://zkfair.io/ecosystems