George City, Grand Cayman, August 5, 2024, Chainwire

Zircuit, a totally EVM-compatible ZK rollup with AI-enabled sequencer-level safety, immediately introduced that Mainnet Section 1 is now reside. Mainnet Section 1 additionally consists of the launch of the Zircuit Mainnet Pageant, a first-of-its-kind program that rewards ZRC and provides the possibility to win large prizes primarily based on gasoline spent on the Zircuit community.

To reward customers who participated within the vastly profitable staking program that noticed over $2 billion staked, Zircuit has additionally opened up the claiming of its Season 1 airdrop. Customers who staked their property within the Season 1 Factors marketing campaign can now declare their tokens.

Throughout Mainnet Section 1, customers will be capable of bridge their 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 so on. Builders can even deploy their functions on the Zircuit mainnet and be part of a vibrant ecosystem of over 60 initiatives.

As a part of the launch, Zircuit will host the Zircuit Mainnet Pageant, the place customers can be rewarded with ZRC tokens each time they pay gasoline charges on the Zircuit mainnet. As well as, taking part customers may have the possibility to win prizes and a brilliant prize of 100,000 ZRC. The competition encourages customers to work together with the community and expertise the advantages of Zircuit whereas additionally incomes ZRC tokens and prizes.

Mainnet Section 1 will introduce a cap on the quantity every pockets can bridge, with the cap growing over time. On this preliminary part, customers will solely be capable of bridge ETH, however different property can be added incrementally. This can permit Zircuit to launch within the most secure approach attainable and permit for a wider distribution of Zircuit rewards to smaller wallets.

Throughout this part, Zircuit will open the ZRC token declare portal to reward customers who’re early contributors and members within the community. This can be open to customers who earned Zircuit Factors in Season 1 of Zircuit Staking. Tokens may be claimed throughout this era however is not going to be transferable till a later date. In preparation for the asset migration in Section 2, the place staked property can be transferred from mainnet to Zircuit mainnet, Zircuit will start gathering pockets addresses from customers who plan to maneuver their staked property as soon as the community is absolutely reside.

“The launch of the primary part of our mainnet marks an necessary milestone for us. Builders and customers can now expertise the complete advantages of Zircuit and our groundbreaking know-how, sequencer-level safety. Moreover, the Mainnet Pageant is the primary mechanism to most instantly reward early lively customers. We see Zircuit as the inspiration for the following wave of innovation for Web3, and we sit up for seeing what decentralized functions are constructed on it subsequent.” “We’re excited to be working with Zircuit on this thrilling new enterprise,” mentioned Martin Derka, co-founder of Zircuit.

Zircuit protects customers from hacks via built-in automated AI know-how that safeguards customers from good contract abuse and malicious actors. Backed by a powerful safety infrastructure, Zircuit is a central hub for restaked property that options unparalleled safety and permits customers to natively earn industry-leading yields. Zircuit is the premier liquidity hub for restaked property (ETH, BTC, LST, LRT), permitting customers to take pleasure in 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 predicted to launch in August.

Customers can declare their tokens by visiting declare.zircuit.com and be part of the Zircuit Mainnet Pageant by visiting competition.zircuit.com.

To study extra about Zircuit, go to zircuit.com or learn the developer documentation at docs.zircuit.com.

About Zillquit

Zircuit is a ZK rollup with AI-enabled sequencer-level safety and parallel circuits. Constructed by a staff of Web3 safety veterans and PhDs in laptop science, algorithms, and cryptography, Zircuit's distinctive structure combines the most effective of each worlds: efficiency and safety. For extra info, go to zircuit.com or comply with us on Twitter/X @ZircuitL2.

contactJessicaZilquitJessica

This text was first revealed on Chainwire