Crypto staking plays a pivotal role in enhancing the growth of blockchain networks by introducing a mechanism that incentivizes participants to actively contribute to the security and functionality of the network. When users stake their cryptocurrencies by locking them into the network, they essentially provide collateral that helps validate and secure transactions through the consensus algorithm. This process not only fosters a more secure and decentralized network but also encourages long-term commitment from stakeholders.
Moreover, getting an opportunity to participate in many projects must be chosen carefully will not only benefit the chain users but also it will increase the confidence for other projects to be apart of our amazing project.
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My proposal agrees 100% with what the team mentioned in the last announcement.
Fair mode activated.
As a preview for all community users, we’d like to announce that most new projects endorsed by ZKFair in the future, whether they are DeFi, NFTs, Socialfi, gaming projects, and more, will be launched with a very low valuation (~$1M) and in a 100% fair launch format.
We welcome all project teams interested in launching through a Fair Launch mode to deploy on ZKFair and contact us for more exposure and support.
By taking these steps, we aim to strongly protect the interests of the entire ZKFair community and facilitate the steady growth of ZKFair.