ZKFair: Why are we postponing the Gas fee Airdrop to December 24th?
We were originally scheduled to launch the Gas Fee Airdrop event at 11:00 on the 23rd. According to the original plan, a first come, first served rule will be adopted. This rule is intended to allow all users to participate fairly in the way they wish. However, due to the following reasons, we were forced to pause and ultimately cancel the Airdrop on the 23rd about an hour after the event started:
The community enthusiasm was so high that the number of participants exceeded expectations. According to statistics, our backend has a total of more than 440,000 unique users, and the number of RPC requests at peak time exceeds 10 million. We were not expecting such a high volume of requests.
There are some addresses with unusually high transaction frequency, and the node has been attacked by some IP addresses. This indicates that there are a large number of scripts submitting transactions frequently, violating our community-driven fair launch philosophy.
Therefore, we have decided to temporarily adjust the Gas Fee Airdrop rules and will reopen the Gas Fee Airdrop activity of 7.5 billion ZKF tokens tomorrow. And will expand server capacity to provide a better user experience.
At the same time, we promise that the Gas Fee consumed by users during 11:00-13:00 (UTC+ 8) on the 23rd will be fully refunded to the original address. We have completed all refunds. Here we publishFull refund address list。
New Gas Fee Airdrop Rules
To ensure fair participation from community users, we have developed new Gas Fee Airdrop rules. The total supply is still 75% ZKF tokens, and the gas fee is $3 million, which means the total initial FDV of ZKF is only $4 million. At the end of the event, 100% of the tokens will be immediately circulated and open for redemption, and no additional tokens will be released in the future.
Activity Rules:
Total number of ZKF tokens: 7.5 billion.
Total gas fee: $3 million.
The event lasts 48 hours and is divided into four 12-hour phases. Each phase will have 1.875 billion tokens worth $750,000.
At each stage, tokens are distributed based on users’ Gas Fee contributions.
After each stage, the excess Gas Fee will be refunded on a pro-rata basis after the event. Example: If $1 million in gas fees was spent in the first 12 hours, and user Alice spent $10,000, she would receive 1% of the tokens. Alice will also receive a gas fee refund of $2,500.
other information:
The official ZKFair team will not participate in the Gas Fee Airdrop.
The payment address for L2 Gas Fee will be publicly disclosed.
Users can claim ZKF tokens 24 hours after the Airdrop ends.
‼ ️ Gas Fee limit rules:
Gas Fee Airdrop is a fair way to launch the release of tokens to enable more community users to participate, thus ensuring the overall fairness of the community. During the Gas Fee Airdrop event, in order to prevent large addresses from taking up too large a proportion of the Airdrop, we have set some limits on transaction frequency and single transactions.
Specific restrictions are as follows:
Gas Price limit for a single transaction: 200, 000 Gwei.
Gas Limit for a single transaction: 500, 000.
Transaction frequency limits per IP address.
