Zircuit Staking Soars Previous $2B TVL In Solely 2 Months

George City, Grand Cayman, April twenty third, 2024, Chainwire

Zircuit, a ZK rollup with parallelized circuits and AI-enabled safety, as we speak introduced that its staking program has soared previous $2B in TVL in solely 2 months.

As Zircuit forges forward in direction of mainnet, the ZK rollup’s staking program is quickly gaining momentum, attracting over $2B TVL in a brief 2 months. Zircuit Staking permits customers to earn Zircuit Factors by depositing property that may then be migrated to Zircuit’s mainnet upon launch. Customers can deposit ETH, liquid staking tokens (LSTs), liquid restaking tokens (LRTs), and USDe (Ethena USD) to earn Zircuit Factors.

In March, Zircuit launched its Construct to Earn program to incentivize builders, founders, and group members who contribute to the Zircuit ecosystem. This system has already attracted over 1,000 submissions. With Zircuit’s rising pre-launch TVL and group, authorised initiatives will seize the curiosity of customers in one of many fastest-growing L2s and profit from a supercharged developer expertise. As well as, builders and ecosystem contributors who take part in Zircuit’s Construct to Earn program stand to obtain rewards for authorised contributions. Initiatives that be a part of Zircuit via Construct to Earn will be a part of the rising checklist of top-tier launch companions together with Ethena, Ether.fi, KelpDAO, Renzo, Hashflow, Galxe, Elixir, Blocto, Eigenpie, and plenty of others.

Zircuit is at present in testnet with plans to launch its mainnet in Summer time 2024.

To take part in Construct to Earn, customers can go to: https://construct.zircuit.com/

To take part in Zircuit Staking, customers can go to: https://stake.zircuit.com/

About Zircuit

Zircuit is a ZK rollup with parallelized circuits and AI-enabled safety on the sequencer stage. Constructed by a workforce of web3 safety veterans and PhDs in pc science, algorithms, and cryptography, Zircuit is backed by Pantera Capital, Dragonfly Capital, and Maelstrom. To study extra go to zircuit.com or comply with us on Twitter/X @ZircuitL2

ContactJessica GraberZircuitjessica@zircuit.com

This text was initially printed on Chainwire