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George City, Grand Cayman, August fifth, 2024, Chainwire
Zircuit, a totally EVM-compatible ZK rollup with AI-enabled sequencer-level safety, right this moment introduced that Mainnet Part 1 is now reside. Mainnet Part 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 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 could now declare their tokens.
In the course of the Mainnet Part 1 stage, customers will have the ability to 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 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 gasoline charges on Zircuit mainnet. Moreover, taking part customers may have the possibility to win prizes, and a brilliant prize of 100,000 ZRC. This competition encourages customers to work together with the community and expertise the advantages of Zircuit whereas incomes ZRC tokens and prizes.
Mainnet Part 1 will introduce a cap on the quantity that every pockets can bridge, with caps rising over time. Throughout this preliminary part, customers could bridge ETH solely, with different belongings slated to be added progressively. This enables Zircuit to launch in probably the most safe manner potential and supplies a broader distribution of Zircuit rewards to smaller wallets.
Throughout this part, Zircuit opens the ZRC token claims portal to reward customers who have 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 arrange for the asset migration in Part 2, the place staked belongings will switch from 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 reside.
“Launching the primary part of mainnet is a big milestone for us. Builders and customers can now expertise the complete 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 lively customers. We see Zircuit as the inspiration for the following wave of innovation in web3 and we look ahead to seeing what decentralized functions will likely be constructed on Zircuit subsequent,” acknowledged 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 good 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 Part 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 Part 2 is about to launch in August.
Customers can declare their tokens by visiting declare.zircuit.com and take part within the Zircuit Mainnet Competition by visiting competition.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 workforce 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 observe us on Twitter/X @ZircuitL2
ContactJessicaZircuitjessica@zircuit.com
This text was initially printed on Chainwire