George City, Grand Cayman, August fifth, 2024, Chainwire
Zircuit, a completely EVM-compatible ZK rollup with AI-enabled sequencer-level safety, right this moment introduced that Mainnet Section 1 is now dwell. Mainnet Section 1 additionally contains the launch of the Zircuit Mainnet Pageant, 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 property within the Season 1 factors marketing campaign could now declare their tokens.
Throughout the Mainnet Section 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 purposes 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 Pageant which rewards customers with ZRC tokens every time they pay fuel charges on Zircuit mainnet. Moreover, taking part 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 part, customers could bridge ETH solely, with different property slated to be added progressively. This enables Zircuit to launch in probably the most safe method potential and gives 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 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 arrange for the asset migration in Section 2, the place staked property will switch from mainnet to Zircuit mainnet, Zircuit will begin amassing pockets addresses from customers who intend to maneuver their staked property as soon as the community is absolutely dwell.
“Launching the primary part of mainnet is a major 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 Pageant is a first-of-its-kind mechanism that almost all straight rewards early lively customers. We see Zircuit as the muse for the following wave of innovation in web3 and we stay up for seeing what decentralized purposes might 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 strategies that guard customers towards good contract exploits and malicious actors. Bolstered by its robust safety infrastructure, Zircuit is the central hub for restaked property that includes unparalleled safety and permitting customers to earn industry-leading yields natively. Zircuit is the premier liquidity hub for restaked property (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 Pageant by visiting pageant.zircuit.com.
To be taught 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 very best of each worlds of efficiency and safety. To be taught extra customers can go to zircuit.com or observe us on Twitter/X @ZircuitL2
ContactJessicaZircuitjessica@zircuit.com
This text was initially printed on Chainwire