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ZKFair initiates deflation mechanism, 10% of gas fee profits are used for ZKF repurchase and destruction

ZKFair initiates deflation mechanism, 10% of gas fee profits are used for ZKF repurchase and destruction

Bitget2024/04/01 04:22

According to the community voting results, ZKFair will initiate a deflationary mechanism. In the future, 10% of ZKFair's gas fee profits will be used for the repurchase and destruction of ZKF. The allocation ratio of network fees in ZKFair has been modified to distribute 75% of profits to ZKF stakers, use 10% for repurchasing and destroying ZKF, and allocate 15% to DApp developers. Additionally, officials have indicated that they may increase efforts towards repurchase and destruction in the future.

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