Tales and Opinions
August 05, 2024
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 completely EVM-compatible ZK rollup with AI-enabled sequencer-level safety, in the present day introduced that Mainnet Section 1 is now stay. Mainnet Section 1 additionally contains the launch of the Zircuit Mainnet Competition, a first-of-its-kind program that rewards ZRC and an opportunity to win massive prizes in proportion to fuel 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 could now declare their tokens.
Throughout the Mainnet Section 1 stage, customers will be capable of bridge funds to Zircuit’s Mainnet and work together with initiatives in Zircuit’s ecosystem together with Ambient Finance, DODO, Circuit, Zerolend, Ethena, Lynx, InstaDapp, LogX, Shoebill, and extra. Builders are additionally welcome to deploy functions on Zircuit mainnet and be a part of the thriving ecosystem of over 60 initiatives.
As a part of the launch, Zircuit is internet hosting the Zircuit Mainnet Competition which rewards customers with ZRC tokens each time they pay fuel charges on Zircuit mainnet. Moreover, taking part customers may have the prospect to win prizes, and an excellent 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 could bridge ETH solely, with different belongings slated to be added progressively. This permits Zircuit to launch in probably the most safe means doable and supplies a broader distribution of Zircuit rewards to smaller wallets.
Throughout this section, Zircuit opens the ZRC token claims portal to reward customers who have been early contributors and individuals within the community. Those that earned Zircuit Factors in Season 1 of Zircuit Staking might 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 gathering 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 know-how, sequencer-level safety. As well as, the Mainnet Competition is a first-of-its-kind mechanism that almost all straight rewards early energetic customers. We see Zircuit as the muse for the following wave of innovation in web3 and we look ahead to seeing what decentralized functions might be constructed on Zircuit subsequent,” acknowledged Martin Derka, co-founder of Zircuit.
Zircuit protects customers from hacks by its built-in, automated AI strategies 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 take pleasure in 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 ready to launch in August.
Customers can declare their tokens by visiting declare.zircuit.com and take part within the Zircuit Mainnet Competition 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 group of web3 safety veterans and PhDs in laptop science, algorithms, and cryptography, Zircuit’s distinctive structure combines the very best of each worlds of efficiency and safety. To study extra customers can go to zircuit.com or comply with us on Twitter/X @ZircuitL2
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JessicaZircuit[email protected]
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