Zircuit Surges Past $2B in Staked Value, Momentum Soars Ahead of Mainnet Launch

Zircuit, a ZK rollup with parallelized circuits and AI-enhanced security, has announced the rapid growth of its staking program, surpassing $2B in TVL within just 2 months. This accelerated momentum has attracted a diverse range of users seeking to earn Zircuit Points by depositing assets in anticipation of the mainnet launch.

Zircuit's Staking Program Surges Past $2 Billion in TVL, Signaling Strong Momentum Ahead of Mainnet Launch

George Town, Grand Cayman - Zircuit, an innovative ZK rollup protocol featuring parallelized circuits and AI-enhanced security, has announced an impressive milestone in its staking program, surpassing $2 billion in total value locked (TVL) within just two months of its launch.

Zircuit's staking program allows users to earn Zircuit Points by depositing eligible assets, which can be seamlessly migrated to the protocol's mainnet upon its launch. Users have the flexibility to stake ETH, liquid staking tokens (LSTs), liquid restaking tokens (LRTs), and USDe (Ethena USD) to accumulate Zircuit Points.

This rapid growth in TVL reflects the growing confidence and anticipation within the crypto community as Zircuit prepares for its mainnet launch. As the most recent development in a series of significant milestones, this surge in TVL serves as a testament to the project's strong fundamentals and the allure of its innovative technological approach.

Build to Earn Program Fuels Ecosystem Growth

In parallel with the staking program's success, Zircuit has launched its "Build to Earn" initiative, designed to incentivize contributions from builders, founders, and community members. The program has already garnered over 1,000 submissions, showcasing the vibrant and engaged community surrounding the protocol.

Approved projects will benefit from unparalleled access to Zircuit's rapidly expanding user base and community, creating a fertile ground for innovation and growth within the ecosystem. Additionally, developers and ecosystem contributors who participate in the program have the opportunity to earn rewards for their contributions.

Zircuit's growing pre-launch TVL and community have attracted an impressive roster of launch partners, including Ethena, Ether.fi, KelpDAO, Renzo, Hashflow, Galxe, Elixir, Blocto, Eigenpie, and many others. These partnerships underscore the project's commitment to fostering a supportive and collaborative ecosystem.

Testnet Deployment and Imminent Mainnet Launch

Zircuit is currently live on testnet and is on track to launch its highly anticipated mainnet in Summer 2024. This milestone will mark a significant step forward for the protocol and its mission to revolutionize the scalability, security, and accessibility of blockchain technology.

About Zircuit

Zircuit is a cutting-edge ZK rollup protocol that leverages parallelized circuits and AI-enabled security at the sequencer level. Its team of experienced web3 security veterans and renowned PhDs in computer science, algorithms, and cryptography brings unparalleled expertise to the project. Zircuit is backed by leading venture capital firms Pantera Capital, Dragonfly Capital, and Maelstrom, further validating its potential and the team's capabilities.

To stay informed about Zircuit's progress and upcoming developments, follow the project on Twitter (@ZircuitX) or visit the official website.

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