George City, Grand Cayman, August 5, 2024, Chainwire
Zircuit, a completely EVM appropriate ZK rollup with sequencer stage safety with AI, introduced in the present day that Mainnet Part 1 is now dwell. Mainnet Part 1 additionally contains the launch of the Zircuit Mainnet Competition, a first-of-its-kind program that rewards ZRCs with an opportunity to win large prizes in proportion to fuel spent on the Zircuit community.
To reward customers who participated in its extremely profitable over $2 billion wagering program, Zircuit has additionally opened Season 1 Airdrop claims. Customers who staked property within the Season 1 scoring marketing campaign can now declare their tokens.
Throughout Mainnet Part 1, customers will have the ability to hyperlink funds to the Zircuit Mainnet and work together with initiatives within the Zircuit ecosystem together with Ambient Finance, DODO, Circuit, Zerolend, Ethena, Lynx, InstaDapp, LogX, Shoebill and others. Builders may also deploy purposes to Zircuit's mainnet and be a part of a 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 every time they pay fuel charges on the Zircuit mainnet. As well as, collaborating customers can have an opportunity to win prizes and a brilliant prize of 100,000 ZRC. This pageant encourages customers to work together with the community and benefit from Zircuit whereas incomes ZRC tokens and prizes.
Mainnet Part 1 will introduce a restrict on the quantity every pockets can bridge, with limits rising over time. Throughout this preliminary section, customers can solely bridge ETH with different property that will probably be added progressively. This enables Zircuit to run within the most secure doable manner and offers a wider distribution of Zircuit rewards to smaller wallets.
Throughout this section, Zircuit will open a ZRC token declare portal to reward customers who have been early contributors and community contributors. Those that earned Zircuit Factors in Season 1 of Zircuit Staking will probably be eligible. Whereas tokens might be claimed throughout this time, they are going to be non-transferable till a later date. In preparation for the section 2 asset migration, the place staked property will probably be transferred from the mainnet to the Zircuit mainnet, Zircuit will start accumulating pockets addresses from customers who intend to maneuver their staked property as soon as the community is absolutely operational.
“The launch of the primary section of the mainnet is a big milestone for us. Builders and customers can now take full benefit of Zircuit and our breakthrough expertise, sequencer-level safety. As well as, the Mainnet Competition is the primary mechanism of its variety that the majority straight rewards early lively customers. We see Zircuit as the inspiration for the subsequent wave of innovation in web3, and we look ahead to seeing what decentralized purposes are constructed on Zircuit subsequent.” mentioned Martin Derka, co-founder of Zircuit.
Zircuit protects customers from hackers by way of its built-in, automated synthetic intelligence strategies that defend customers from good contract abuse and malicious actors. With a powerful safety infrastructure, Zircuit is a central hub for recovered property with unmatched safety and permits customers to natively earn superior returns. Zircuit is a number one liquidity hub for re-linked property (ETH, BTC, LST and LRT) the place customers profit from stronger safety ensures and belief.
Throughout Mainnet Part 1, customers can discover the Zircuit ecosystem at zircuit.com/#ecosystem and explorer.zircuit.com and bridge ETH to the Zircuit Mainnet at bridge.zircuit.com. Zircuit's Mainnet Part 2 is scheduled to launch in August.
Customers can declare their tokens at declare.zircuit.com and take part within the Zircuit Mainnet Competition at pageant.zircuit.com.
To be taught extra about Zircuit, customers can go to zircuit.com or learn the developer documentation at docs.zircuit.com
About Circuit
Zircuit is a ZK rollup with sequencer stage safety with AI help and parallel circuits. Created by a staff of skilled web3 safety veterans and PhDs in laptop science, algorithms and cryptography, Zircuit's distinctive structure combines one of the 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
ContactJessicaCircuitjessica@circuit.com
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