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Kernel Ventures: Rollup flywheel started by ZK Fair
Author: Kernel Ventures Stanley
Reviewers: Kernel Ventures Mandy, Kernel Ventures Joshua
TLDR:
ZK Fair’s TVL reached 120 million US dollars in just a few days, and currently remains stable at 80 million US dollars. It is one of the fastest growing rollups. How does this "three-no" public chain without financing, market makers, and institutions achieve this? This article will introduce the development of ZK Fair and analyze the flywheel of this round of Rollup market from its essence.
Rollup track background
Track introduction
Rollup is one of the Layer2 solutions. It transfers the calculation and storage of transactions on the Ethereum main network (i.e. Layer1) to Layer2 for processing and compression, and then uploads the compressed data to the Ethereum main network to expand the performance of Ethereum. The emergence of Rollup makes the Gas fee of Layer 2 much lower than that of the main network, saving Gas consumption, faster TPS, etc., making transactions and interactions smoother. Some mainstream Rollup chains that have been launched such as Arbitrum, Optimism, and Base, as well as ZK Rollup chains such as Starknet and zkSync are all commonly used chains on the market.
Reviewers: Kernel Ventures Mandy, Kernel Ventures Joshua
TLDR:
ZK Fair’s TVL reached 120 million US dollars in just a few days, and currently remains stable at 80 million US dollars. It is one of the fastest growing rollups. How does this "three-no" public chain without financing, market makers, and institutions achieve this? This article will introduce the development of ZK Fair and analyze the flywheel of this round of Rollup market from its essence.
Rollup track background
Track introduction
Rollup is one of the Layer2 solutions. It transfers the calculation and storage of transactions on the Ethereum main network (i.e. Layer1) to Layer2 for processing and compression, and then uploads the compressed data to the Ethereum main network to expand the performance of Ethereum. The emergence of Rollup makes the Gas fee of Layer 2 much lower than that of the main network, saving Gas consumption, faster TPS, etc., making transactions and interactions smoother. Some mainstream Rollup chains that have been launched such as Arbitrum, Optimism, and Base, as well as ZK Rollup chains such as Starknet and zkSync are all commonly used chains on the market.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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