George Town, Grand Cayman, April 23rd, 2024, Chainwire

Zircuit, a ZK rollup with parallelized circuits and AI-enabled security, today announced that its staking program has soared past $2B in TVL in only 2 months. 

As Zircuit forges ahead towards mainnet, the ZK rollup’s staking program is rapidly gaining momentum, attracting over $2B TVL in a short 2 months. Zircuit Staking allows users to earn Zircuit Points by depositing assets that can then be migrated to Zircuit’s mainnet upon launch. Users can deposit ETH, liquid staking tokens (LSTs), liquid restaking tokens (LRTs), and USDe (Ethena USD) to earn Zircuit Points. 

In March, Zircuit launched its Build to Earn program to incentivize builders, founders, and community members who contribute to the Zircuit ecosystem. The program has already attracted over 1,000 submissions. With Zircuit’s growing pre-launch TVL and community, approved projects will capture the interest of users in one of the fastest-growing L2s and benefit from a supercharged developer experience. In addition, developers and ecosystem contributors who participate in Zircuit’s Build to Earn program stand to receive rewards for approved contributions. Projects that join Zircuit through Build to Earn will join the growing list of top-tier launch partners including Ethena, Ether.fi, KelpDAO, Renzo, Hashflow, Galxe, Elixir, Blocto, Eigenpie, and many others. 

Zircuit is currently in testnet with plans to launch its mainnet in Summer 2024. 

To participate in Build to Earn, users can visit: https://build.zircuit.com/ 

To participate in Zircuit Staking, users can visit: https://stake.zircuit.com/ 

About Zircuit

Zircuit is a ZK rollup with parallelized circuits and AI-enabled security at the sequencer level. Built by a team of web3 security veterans and PhDs in computer science, algorithms, and cryptography, Zircuit is backed by Pantera Capital, Dragonfly Capital, and Maelstrom. To learn more visit zircuit.com or follow us on Twitter/X @ZircuitL2

Contact

Jessica Graber
Zircuit
jessica@zircuit.com

You May Also Like

Token For New Crypto Project 'MetaGold Rewards' Grows By 13,119% in First 15 Days…

The newly-launched cryptocurrency celebrated what they call a 'meteoric' launch while sharing…

Diamond Standard Carats now available globally – Lists on Bitrue as the First Fungible Commodity Currency

Diamond Standard Co., developer of the world’s only regulated and market traded…

Wemade launches first-of-its-kind Real World Event NFTs at G-STAR 2023

G-STAR 2023 event ticket NFTs set new Korean domestic game industry record…

$WEN and TOYMAK3RS Debut Limited Edition Collectible Toy That Unlocks Unique Cross-Chain NFTs Using Jellybean™ Technology

TOYMAK3RS™, the award-winning collectible toy studio, are revolutionizing the collectible toy industry…

Pandoshi (PAMBO) has almost completed the final phase of its presale, reaching 10,000 holders, and is gearing up for its market launch

Pandoshi (PAMBO) is on the brink of concluding its highly successful final…

Cloud Mining Platform Blueskyminer Offers an Avenue for Fixed Income with Cryptocurrency

As a top contender among free cloud mining platforms globally, Blueskyminer is making waves…

Kingdom of KEK’s $KEKE Token Secures Coveted Spot on Top 20 Centralized Exchange – BITMART

 In a historic move that has sent ripples of excitement through the…

ASWO Unveils Rising Global Losses to Pig Butchering Scams Exceeding $1 Trillion

Anti-Scam Worldwide Organization (ASWO), a non-profit organization unveils global losses to scams…

From Hookah Bars to Blockchain: HWT’s Vision for a Thriving Crypto Community

Nargilem – a well-established company with over 20 years of experience in…

The BuildClub Secures $60,000 Order from US Air Force

The BuildClub hit a milestone by securing a substantial $60,000 order from…