The first phase of the ZKFair Launchpool project FairStake staking airdrop activity has now started

The first phase of the ZKFair Launchpool project FairStake staking airdrop activity officially started at 11:00 am today. The activity will last from January 25th, 11:00 to February 4th, 8:00. 73% of FRS tokens will be airdropped on the FairStake platform through staking ZKF in a fair manner. Currently, there are already over 150 million ZKF tokens participating in the staking for this activity.

According to the FairStake whitepaper, the total supply of FRS tokens is 10 billion, with 73% being distributed through staking airdrops; 22% will be distributed through community airdrops to ZKF holders, ZKF stakers, .zkf DID holders, and FairStake protocol contributors; and 5% will be used for providing initial liquidity.

ZKFair launched its Launchpool on January 20th with the aim of selecting undervalued high-quality projects and launching them through a fully fair launch format. This allows community users to have a fair opportunity to participate in early-stage development of quality projects. ZKFair Launchpool will continue to introduce more high-quality projects.