Zircuit, an EVM-compatible zero-knowledge rollup, has launched the initial phase of its mainnet and begun the ZRC token airdrop claims process. This article details the launch, security features, and the implications for users and the broader market.
Points
- Zircuit launches initial mainnet phase with EVM compatibility.
- Features AI-enabled sequencer-level security.
- ZRC token airdrop claims process begins.
- Users can bridge funds and participate in the ecosystem.
- Strategic backing from Binance Labs and Pantera Capital.
Zircuit, an EVM-compatible zero-knowledge rollup with AI-enabled sequencer-level security, has launched the initial phase of its mainnet and rolled out the ZRC token claims process. This launch marks a significant milestone for the project, which aims to enhance security and user experience in the blockchain space.
Zircuit’s Security Features
Zircuit’s mainnet launch introduces advanced security measures designed to protect users from smart contract exploits and malicious actors. The platform leverages AI techniques at the sequencer level to safeguard transactions and ensure a secure environment for users. Zircuit serves as a central hub for restaked assets, including ether, bitcoin, liquid staking tokens, and liquid restaking tokens, allowing users to earn yields natively.
Initial Mainnet Phase and User Participation
During the initial mainnet phase, users can bridge funds to the rollup and explore an ecosystem that already includes over 60 projects. Notable projects participating in Zircuit’s ecosystem include Ambient Finance, DODO, Circuit, Zerolend, Ethena, Lynx, InstaDapp, LogX, and Shoebill. Initially, users can only bridge ether, with plans to add other assets in future phases. This phased approach aims to facilitate a secure launch and broader distribution of rewards to smaller wallets.
ZRC Token Airdrop Claims
Zircuit has also rolled out Season 1 of its ZRC token airdrop claims, rewarding early adopters who participated in a $2.5 billion staking program during its testnet phase. The airdrop allocates 7% of the ZRC supply to Season 1 participants. While the tokens are claimable from August 5, they remain non-transferable until the token generation event date, which has yet to be disclosed.
Strategic Backing and Future Plans
In preparation for Phase 2 of the rollup’s mainnet, set to launch later this month, Zircuit will begin collecting wallet addresses from users intending to move their staked assets once the network is fully live. Binance Labs, the venture capital and incubation arm of crypto exchange Binance, has invested an undisclosed sum in Zircuit. The project is also backed by Pantera Capital, indicating strong confidence from major industry players.
Conclusion
Zircuit’s initial mainnet launch and the rollout of the ZRC token airdrop mark significant steps in enhancing blockchain security and user engagement. With strong strategic backing and a growing ecosystem, Zircuit is well-positioned to make a substantial impact in the blockchain space.