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Cryptocurrency News Articles
Zircuit Launches 'Build to Earn' Program to Foster Ecosystem Growth
Mar 28, 2024 at 01:02 am
Zircuit, an EVM-compatible ZK rollup with AI-enabled security, has launched its Build to Earn program to incentivize contributions to its ecosystem. Backed by Pantera Capital, Dragonfly Capital, and Maelstrom, Zircuit offers higher security guarantees and protection from hacks, attracting projects such as Ethena and Hashflow. The program provides rewards for building Mainnet Day 1 launch projects, developing ecosystem tools, deploying critical infrastructure, and referring Zircuit to builders.
Zircuit Unveils Build to Earn Program to Foster Ecosystem Growth
George Town, Grand Cayman - March 27, 2024
Zircuit, an EVM-compatible ZK rollup with cutting-edge security features, has announced the launch of its Build to Earn program. This initiative aims to incentivize developers, founders, and community members who contribute to the Zircuit ecosystem.
Supercharging the Developer Experience
Through the Build to Earn program, Zircuit empowers developers with a seamless experience. Participants can contribute in various ways, including:
- Launching Mainnet Day 1 Projects: Developers can launch their projects on Zircuit's mainnet at its genesis.
- Developing Ecosystem Tools: Building critical infrastructure and tools that enhance the Zircuit ecosystem.
- Deploying Critical Infrastructure: Contributing to the deployment of nodes and other infrastructure essential for Zircuit's operation.
- Referring Zircuit to Builders: Encouraging other developers to join the platform and contribute to its growth.
Building a Thriving Ecosystem
Zircuit's ecosystem encompasses applications in high-growth areas such as restaking, AI, and DeFi. By joining the Build to Earn program, projects can leverage Zircuit's strong security guarantees and protection against hacks. Notable launch partners include Ethena, Ether.fi, KelpDAO, Renzo, Hashflow, API3, Galxe, Elixir, Blocto, Eigenpie, and more.
Rewarding Contribution
Participants in the Build to Earn program are eligible for rewards upon approval of their contributions. These rewards aim to foster the development and innovation of the Zircuit ecosystem.
Complementary Staking Program
The Build to Earn program complements Zircuit's successful staking program. Staking allows users to pre-commit assets to the network and earn Zircuit Points in exchange for holding ETH, liquid staking tokens (LSTs), liquid restaking tokens (LRTs), and USDe (Ethena USD). Recently, Zircuit partnered with Pendle to enhance the yield opportunities for the Renzo Protocol's ezETH product.
About Zircuit
Zircuit is an EVM-compatible ZK rollup that employs parallelized circuits and AI-enabled security at the sequencer level. Its team comprises web3 security veterans and academic experts in computer science, algorithms, and cryptography. Zircuit is backed by industry-leading investors Pantera Capital, Dragonfly Capital, and Maelstrom.
For more information and participation details:
- Build to Earn: https://build.zircuit.com/
- Staking: https://stake.zircuit.com/
Contact:
Jessica Graber, Zircuit
[email protected]
Disclaimer:
This press release is for informational purposes only and does not constitute investment advice. Investment decisions should be made after careful consideration and consultation with qualified professionals.
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- Latam Insights Encore: If Applied, Brazil's Stablecoin Remittance Tax Will Be a Net Negative for the Industry
- Nov 05, 2024 at 06:50 pm
- Sometimes, while taxation seems like the right step to take, more so when adopting the “same activity, same risk, same regulation” approach, the feasibility and the possible downsides of a tax outweigh its benefits. This might be the case with the stablecoin remittance taxation proposal recently floated by the Central Bank of Brazil to industry stakeholders.