March 7, 2024 \u2013 George Town, Grand Cayman<\/span><\/em><\/p>\n Currently in testnet phase, Zircuit is poised to hit a mainnet TVL on day one that surpasses major blockchains such as Linea, Manta, Mantle, Near, Scroll, Aptos and ZkSync.<\/p>\n Next week, Zircuit will integrate Ethena<\/a>, adding to its growing list of supported protocols for Zircuit Staking.<\/p>\n Users who stake USDe with Zircuit will earn Zircuit points and seven times shards (Ethena points).<\/p>\n Ethena is a crypto-native solution to a yield-bearing synthetic dollar fully collateralized and freely composable on-chain.<\/p>\n Other protocols in the program include Renzo, Kelp, Etherfi, Lido, Swell, Eigenpie and Liquid Collective.<\/p>\n Points programs have become a rising trend in crypto, offering a new way to incentivize users who contribute to a protocol.<\/p>\n Zircuit Staking<\/a> is an innovative program that allows users to deposit ETH, LSTs (liquid staking tokens) and LRTs (liquid restaking tokens) to earn Zircuit points.<\/p>\n Through the staking program, users can earn Zircuit points on top of any staking yield or points they are already earning.<\/p>\n Users who opt-in to migrate their assets to the Zircuit mainnet when it goes live are rewarded the most.<\/p>\n Users can withdraw at any time and keep the points and yield earned, as ETH isn\u2019t hard-locked like Blast or Mantle.<\/p>\n After spending over a year and a half conducting layer two research, the Zircuit team created a layer two with a built-in AI-enabled sequencer that protects users by monitoring the mempool (memory pool) for malicious transactions.<\/p>\n In comparison to typical security efforts that focus on the application and smart contract levels, Zircuit brings SLS (sequencer-level security).<\/p>\n This means that every transaction on Zircuit will go through low-level security checks, resulting in a more secure chain for projects and end users.<\/p>\n Zircuit is also fully EVM-compatible, offers greater efficiency and provides users with cheaper and faster transactions.<\/p>\n Backed by Pantera Capital, Dragonfly Capital and Maelstrom, Zircuit is currently in testnet phase with mainnet expected to come later in 2024.<\/p>\n To participate in Zircuit Staking, users can visit the website<\/a>.<\/p>\n Zircuit is a ZK rollup with parallelized circuits and AI-enabled security at the sequencer level.<\/p>\n Built by a team of Web 3.0 security veterans and PhDs in computer science, algorithms and cryptography, Zircuit\u2019s unique architecture combines the best of both worlds of performance and security.<\/p>\n To learn more, visit the website<\/a> or follow on X<\/a>.<\/p>\n Jessica Graber<\/a>, Zircuit<\/p>\n Follow Us on Twitter<\/a> Facebook<\/a> Telegram<\/a><\/span><\/p>\n
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Zircuit<\/a>, a ZK (zero-knowledge) rollup with parallelized circuits and AI-enabled security at the sequencer level, today announced its staking program has surpassed $500 million in TVL (total value locked).<\/h5>\n<\/blockquote>\n
About Zircuit<\/strong><\/h5>\n
Contact<\/strong><\/h5>\n
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