Zircuit Kicks Off Mainnet Phase 1 and Initiates ZRC Airdrop Season 1

George Town, Grand Cayman, August 5, 2024, Chainwire

Zircuit In an exciting development today, a fully EVM-compatible ZK rollup, equipped with AI-driven security measures at the sequencer level, has officially launched Mainnet Phase 1. This phase also heralds the debut of the Zircuit Mainnet Festival, an innovative initiative that offers rewards in ZRC Tokens with chances to secure substantial prizes based on gas fees incurred on the Zircuit network.

As a token of gratitude to its users who contributed to a remarkable staking program with over $2 billion locked, Zircuit has now opened the claims for Season 1 Airdrops. Those who staked during this initial points campaign are eligible to claim their tokens now.

During Mainnet Phase 1, participants will have the ability to transfer funds to Zircuit’s Mainnet and engage with various projects thriving in Zircuit’s ecosystem, such as Ambient Finance, DODO, Circuit, Zerolend, Ethena, Lynx, InstaDapp, LogX, Shoebill, and more. Developers are invited to build applications on the Zircuit mainnet, contributing to a vibrant network of over 60 projects.

In celebration of the launch, Zircuit is hosting the Zircuit Mainnet Festival, where users earn ZRC tokens whenever they pay gas fees on the mainnet. Participants also stand a chance to win prizes, including a grand prize of 100,000 ZRC, incentivizing community interaction and enabling users to experience and benefit from Zircuit while accumulating tokens and rewards.

Mainnet Phase 1 comes with a limit on the amount of assets each wallet can transfer, with this cap expected to increase over time. Initially, only ETH can be bridged, while support for additional assets will roll out gradually. This strategy ensures a secure launch and a broader distribution of Zircuit rewards among smaller wallets.

As we move into this phase, Zircuit is unveiling the ZRC token claims portal to acknowledge early supporters and active participants in the network. Those who accumulated Zircuit Points during Season 1 of the staking initiative will be eligible for claims. Though tokens can be claimed now, they will remain non-transferable until a future date. Users will also start submitting wallet addresses for asset migration in Phase 2 once the network is fully operational.

"The launch of mainnet's first phase marks a momentous achievement for us. Both developers and users are now able to reap the full advantages of Zircuit and our innovative sequencer-level security. Moreover, the Mainnet Festival serves as a unique reward mechanism for our early and engaged users. We envision Zircuit to be the cornerstone for the next generation of web3 innovation, and we are eager to see the decentralized applications that will arise on our platform,\" stated Martin Derka, co-founder of Zircuit.

Zircuit enhances user protection against hacking attempts with its innovative AI-driven mechanisms that safeguard against smart contract vulnerabilities and hostile entities. With robust security measures in place, Zircuit emerges as a pivotal hub for restaked assets, offering unmatched protection while allowing users to generate leading returns through native yields. Zircuit stands as the premier liquidity platform for restaked assets (ETH, BTC, LSTs, and LRTs), providing enhanced security assurances and building trust.

Throughout Mainnet Phase 1, participants can delve into the Zircuit ecosystem on zircuit.com/#ecosystem  and explorer.zircuit.com and bridge ETH to Zircuit Mainnet at bridge.zircuit.com Looking ahead, Zircuit's Mainnet Phase 2 is scheduled to launch this August.

Users can access their tokens by visiting claim.zircuit.com and take part in the Zircuit Mainnet Festival by going to festival.zircuit.com .

To gain deeper insights into Zircuit, users are encouraged to visit zircuit.com or read the developer docs at docs.zircuit.com  

About Zircuit 

Zircuit is a ZK rollup featuring AI-powered sequencer-level security and parallelized processing circuits. Developed by a team of seasoned web3 security experts and doctorate holders specializing in computer science, algorithms, and cryptography, Zircuit’s innovative design harmoniously blends high performance and exceptional security features. For more information, users can explore zircuit.com or follow us on Twitter/X @ZircuitL2

Contact

Jessica
Zircuit