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You are at:Home » Zircuit staking reaches over $2 billion TVL in only 2 months – Blockchain Updates, Insights, Shows, Careers
Zircuit Staking Reaches Over $2 Billion Tvl In Only 2
Blockchain April 25, 2024

Zircuit staking reaches over $2 billion TVL in only 2 months – Blockchain Updates, Insights, Shows, Careers

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George Town, Grand Cayman, April 23, 2024, Chainwire

jill kitthe ZK rollup with parallel circuits and AI-enabled security was announced today. staking program In just two months, TVL has soared to over $2 billion.

As Zircuit progresses toward mainnet, ZK Rollup's staking program is rapidly gaining momentum, amassing over $2 billion in TVL in just two short months. Zircuit staking allows users to earn his Zircuit points by depositing assets and transfer those assets to her Zircuit's mainnet at launch. Users can earn Zircuit points by depositing ETH, Liquid Staking Tokens (LST), Liquid Restaking Tokens (LRT), and USDe (Ethena USD).

In March, Zircuit launched its Build to Earn program to encourage builders, founders, and community members to contribute to the Zircuit ecosystem. He has already received more than 1,000 applications for the program. Zircuit's growing pre-launch TVL and community allows approved projects to gain user engagement and benefit from a rich developer experience in one of the fastest growing L2s. Additionally, developers and ecosystem contributors who participate in Zircuit's Build to Earn program can receive rewards for their approved contributions. Projects that join Zircuit through Build to Earn will join a growing list of top-tier launch partners, including Ethena, Ether.fi, KelpDAO, Renzo, Hashflow, Galxe, Elixir, Blocto, Eigenpie, and more.

Zircuit is currently in testnet and plans to launch mainnet in summer 2024.

To participate in Build to Earn, users can visit: https://build.zircuit.com/

To participate in Zircuit staking, users can access: https://stake.zircuit.com/

About Jill Kit

Zircuit is a ZK rollup with parallelized circuitry and AI-enabled security at the sequencer level. Built by a team of Web3 security veterans and PhDs in computer science, algorithms, and cryptography, Zircuit is backed by Pantera Capital, Dragonfly Capital, and Maelstrom. If you want to know more, please visit here zircuit.com Or follow us on Twitter/X @Zircuit2

contact

jessica graber
jill kit
jessica@zircuit.com

Source: www.the-blockchain.com

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