ZKFair will initiate a deflation mechanism, with a 10% transaction fee to be repurchased and destroyed by ZKF
2024-04-01 02:34:28
On April 1st, ZKFair officially announced that according to community voting results, the deflation mechanism will be officially launched next week. In the future, 10% of ZKFair's gas fee profits will be used for ZKF repurchase and destruction. As a result, the distribution ratio of ZKFair network transaction fees has been modified to 75% profit to be distributed to ZKF pledgers, 10% to be repurchased and destroyed by ZKF, and the remaining 15% to be distributed to DAPP developers. After the repurchase and destruction actions are completed, detailed data will be disclosed. Meanwhile, ZKFair stated that it does not rule out the possibility of increasing repurchase and destruction efforts in the future.
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