Zircuit Launches Mainnet Phase 1 And Rolls Out ZRC Airdrop Season 1

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August 05, 2024

by Chainwire

Printed: August 05, 2024 at 12:00 pm Up to date: August 05, 2024 at 12:00 pm

George City, Grand Cayman, August fifth, 2024, Chainwire

Zircuit, a totally EVM-compatible ZK rollup with AI-enabled sequencer-level safety, at the moment introduced that Mainnet Section 1 is now stay. Mainnet Section 1 additionally consists of the launch of the Zircuit Mainnet Pageant, a first-of-its-kind program that rewards ZRC and an opportunity to win giant prizes in proportion to gasoline spent on the Zircuit community.

To reward customers who participated in its extremely profitable staking program with over $2B staked, Zircuit additionally opened Season 1 Airdrop claims. Customers who staked belongings within the Season 1 factors marketing campaign might now declare their tokens.

Throughout the Mainnet Section 1 stage, customers will be capable to bridge funds to Zircuit’s Mainnet and work together with tasks in Zircuit’s ecosystem together with Ambient Finance, DODO, Circuit, Zerolend, Ethena, Lynx, InstaDapp, LogX, Shoebill, and extra. Builders are additionally welcome to deploy purposes on Zircuit mainnet and be part of the thriving ecosystem of over 60 tasks.

As a part of the launch, Zircuit is internet hosting the Zircuit Mainnet Pageant which rewards customers with ZRC tokens each time they pay gasoline charges on Zircuit mainnet. Moreover, collaborating customers can have the possibility to win prizes, and a brilliant prize of 100,000 ZRC. This pageant encourages customers to work together with the community and expertise the advantages of Zircuit whereas incomes ZRC tokens and prizes.

Mainnet Section 1 will introduce a cap on the quantity that every pockets can bridge, with caps rising over time. Throughout this preliminary section, customers might bridge ETH solely, with different belongings slated to be added progressively. This enables Zircuit to launch in essentially the most safe means attainable and offers a broader distribution of Zircuit rewards to smaller wallets.

Throughout this section, Zircuit opens the ZRC token claims portal to reward customers who had been early contributors and members within the community. Those that earned Zircuit Factors in Season 1 of Zircuit Staking will likely be eligible. Whereas tokens are claimable throughout this time, they are going to be non-transferable till a later date. To organize for the asset migration in Section 2, the place staked belongings will switch from Ethereum mainnet to Zircuit mainnet, Zircuit will begin accumulating pockets addresses from customers who intend to maneuver their staked belongings as soon as the community is totally stay.

“Launching the primary section of mainnet is a big milestone for us. Builders and customers can now expertise the total advantages of Zircuit and our breakthrough expertise, sequencer-level safety. As well as, the Mainnet Pageant is a first-of-its-kind mechanism that the majority instantly rewards early lively customers. We see Zircuit as the muse for the following wave of innovation in web3 and we look ahead to seeing what decentralized purposes will likely be constructed on Zircuit subsequent,” said Martin Derka, co-founder of Zircuit.

Zircuit protects customers from hacks by way of its built-in, automated AI methods that guard customers in opposition to sensible contract exploits and malicious actors. Bolstered by its sturdy safety infrastructure, Zircuit is the central hub for restaked belongings that includes unparalleled safety and permitting customers to earn industry-leading yields natively. Zircuit is the premier liquidity hub for restaked belongings (ETH, BTC, LSTs, and LRTs) the place customers get pleasure from stronger safety ensures and belief.

Throughout Mainnet Section 1, customers can discover the Zircuit ecosystem on zircuit.com/#ecosystem and explorer.zircuit.com and bridge ETH to Zircuit Mainnet at bridge.zircuit.com. Zircuit’s Mainnet Section 2 is about to launch in August.

Customers can declare their tokens by visiting declare.zircuit.com and take part within the Zircuit Mainnet Pageant by visiting pageant.zircuit.com.

To study extra about Zircuit, customers can go to zircuit.com or learn the developer docs at docs.zircuit.com

About Zircuit

Zircuit is a ZK rollup with AI-enabled sequencer-level safety and parallelized circuits. Constructed by a staff of web3 safety veterans and PhDs in pc science, algorithms, and cryptography, Zircuit’s distinctive structure combines the most effective of each worlds of efficiency and safety. To study extra customers can go to zircuit.com or comply with us on Twitter/X @ZircuitL2

Contact

JessicaZircuit[email protected]

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