Zircuit, a brand new security-focused ZK rollup, launches staking program

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George City, Grand Cayman, February 24, 2024, Chainwire

Staking program collected over 129 million TVL inside 24 hours

Zircuit, a security-focused zero-knowledge rollup backed by pioneering L2 analysis, permits customers to earn Zircuit Factors by staking ETH, Liquid Staking Tokens (LST), and Liquid Restaking Tokens (LRT). We have now launched Zircuit Staking, an modern program that permits you to earn. Shortly after its launch, Zircuit Staking has already amassed over $129 million on the Ethereum mainnet and continues to develop.

Zircuit's group has a powerful following of over 112,000 individuals twitter In simply 4 months, we've gained followers and 125,000 Discord members. This fast development of the group additionally led to the early success of Zircuit's staking program. Starkware, alternatively, began his 2018 yr with simply 229,000 Twitter followers and a TVL of $134 million, based on DefiLlama. Zircuit is on observe to surpass these numbers each when it comes to group involvement and his TVL.

With the fast rise of EigenLayer, Zircuit is capitalizing on the rising curiosity in restaking the protocol. In lower than 24 hours since its launch, this program has already amassed his TVL of over $129 million, displaying nice curiosity and confidence on this challenge.

By the staking program, customers can earn Zircuit factors along with staking yield and different present factors. Customers who opt-in to switch their belongings on the launch of Zircuit mainnet will probably be rewarded probably the most. ETH just isn’t hard-locked like Blast or Mantle, as customers can withdraw at any time and maintain the factors and yield they’ve earned. At the moment, Lido Finance, Renzo Protocol, Swell Community, Kelp DAO, and Liquid Collective are supported, with extra integrations coming within the coming weeks.

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To take part within the Zircuit staking program, customers can go to https://stake.zircuit.com/.

For extra details about Zircuit, please go to https://www.zircuit.com/.

About Jill Equipment

Zircuit is a totally EVM-compatible zero-knowledge rollup that leverages the most recent analysis in L2 know-how. Constructed by a workforce with a number of analysis grants from the Ethereum Basis and supported by Pantera Capital and Dragonfly Capital, Zircuit is main the way forward for safe his chain with sequencer-level safety. Customers can study extra by visiting zircuit.com or following us on Twitter/X. @Zircuit2

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jessica graber
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