Bitcoin 
Ethereum 
Tether 
XRP 
Solana 
BNB 
Dogecoin 
USDC 
Cardano 
Lido Staked Ether 
TRON 
Avalanche 
Shiba Inu 
Toncoin 
Wrapped stETH 
Chainlink 
Polkadot 
Stellar 
Wrapped Bitcoin 
Bitcoin Cash 
Sui 
Hedera 
Pepe 
WETH 
Uniswap 
Litecoin 
LEO Token 
NEAR Protocol 
Wrapped eETH 
Aptos 
Internet Computer 
Ethena USDe 
POL (ex-MATIC) 
USDS 
Ethereum Classic 
Cronos 
VeChain 
Render 
Artificial Superintelligence Alliance 
Bittensor 
Kaspa 
Arbitrum 
Filecoin 
Hyperliquid 
Mantle 
Aave 
Algorand 
Cosmos Hub 
Stacks 
MANTRA 
Zircuit, New ZK-Rollup Focused on Security, Launches Staking Program
George Town, Grand Cayman, February 24th, 2024, Chainwire
Staking program amassed over $129M TVL in less than 24 hoursÂ
Zircuit, a security-focused zero-knowledge rollup backed by pioneering L2 research, launched Zircuit Staking, an innovative program that allows users to stake ETH, liquid staking tokens (LSTs), and liquid restaking tokens (LRTs) to earn Zircuit Points. Shortly after launch, Zircuit Staking has already accumulated over $129M on the Ethereum mainnet and continues to rise.
Zircuit’s community has gained an impressive following of over 112K Twitter followers and 125K Discord members within a short four-month time span. The exponential growth of this community has also led to the early success of Zircuit’s staking program. In comparison, Starkware started in 2018 and only has 229K Twitter followers and $134M in TVL according to DefiLlama. Zircuit is on track to surpass these numbers in terms of both community engagement and TVL.
With the rapid ascent of EigenLayer, Zircuit is leveraging a growing surge in interest around restaking protocols. Less than 24 hours since launch, the program has already accumulated over $129 million TVL, signaling significant interest and confidence in the project.Â
Through the staking program, users can Zircuit points on top of any staking yield or other existing points. Users that opt-in to migrate their assets to the Zircuit Mainnet when it goes live are rewarded the most. Users can withdraw at any time and keep the points and yield earned, so ETH isn’t hard-locked like in Blast or Mantle. Currently, Lido Finance, Renzo Protocol, Swell Network, Kelp DAO, and Liquid Collective are supported with more integrations to come over the coming weeks.Â
To participate in the Zircuit Staking program, users can visit https://stake.zircuit.com/Â
For more information on Zircuit, Users can visit: https://www.zircuit.com/Â
About Zircuit
Zircuit is a fully EVM-compatible, zero-knowledge rollup powered by the latest research in L2 technology. Built by a team with multiple research grants from the Ethereum Foundation and backed by Pantera Capital and Dragonfly Capital, Zircuit is leading the future of secure chains with sequencer-level security. Users can learn more by visiting zircuit.com or follow us on Twitter/X @ZircuitL2
Contact
Jessica Graber
Zircuit
jessica@zircuit.com
Stay informed with daily updates from Blockchain Magazine on Google News. Click here to follow us and mark as favorite: [Blockchain Magazine on Google News].
Get Blockchain Insights In Inbox
Stay ahead of the curve with expert analysis and market updates.
latest from tech
Disclaimer: Any post shared by a third-party agency are sponsored and Blockchain Magazine has no views on any such posts. The views and opinions expressed in this post are those of the clients and do not necessarily reflect the official policy or position of Blockchain Magazine. The information provided in this post is for informational purposes only and should not be considered as financial, investment, or professional advice. Blockchain Magazine does not endorse or promote any specific products, services, or companies mentioned in this posts. Readers are encouraged to conduct their own research and consult with a qualified professional before making any financial decisions.
About the Author: chainwire
