Zircuit, a zk rollup with parallel circuits and AI security enabled at the sorter level, announced today that its staking program has surpassed 500 million USD TVL. Currently in the testnet phase, Zircuit is expected to achieve mainnet TVL on the first day, surpassing major blockchains such as Linea, Manta, Mantle, Near, Scroll, Aptos, and zkSync.

Next week, Zircuit will integrate Ethena, adding it to the list of protocols supported by Zircuit staking. Users staking USDe on Zircuit will earn Zircuit points and 7x fragments (Ethena points). Ethena is a native crypto solution, a yield-generating synthetic dollar, fully collateralized and freely composable on-chain. Other planned protocols include Renzo, Kelp, Etherfi, Lido, Swell, Eigenpie, and Liquid Collective.

The points program has become an emerging trend in the crypto space, providing a new incentive for users contributing to protocols. Zircuit staking is an innovative program that allows users to deposit ETH, Liquidity Staking Tokens (LSTs), and Liquidity Re-Staking Tokens (LRTs) to earn Zircuit points. Through the staking program, users can earn additional Zircuit points on top of any staking rewards or points already earned. Users choosing to migrate assets to the upcoming Zircuit mainnet will receive the highest rewards. Users can withdraw at any time and retain the points and earnings, as ETH is not locked like Blast or Mantle.

After a year and a half of L2 research, the Zircuit team has created an L2 with built-in AI-enabled sorter, protecting users by monitoring malicious transactions in the memory pool. In contrast to security efforts typically focused on application and smart contract levels, Zircuit provides Sorter-Level Security (SLS). This means that every transaction on Zircuit will undergo low-level security checks, providing a more secure chain for projects and end users. Zircuit is also fully EVM-compatible, offering higher efficiency and providing users with cheaper and faster transactions.

Zircuit is currently in the testnet phase and is expected to launch the mainnet later in 2024, backed by Pantera Capital, Dragonfly Capital, and Maelstrom.

To participate in Zircuit staking, please visit: https://stake.zircuit.com/

About Zircuit

Zircuit is a zk rollup with parallel circuits and AI security enabled at the sorter level. Built by a team of Web3 security veterans, computer science, algorithm, and cryptography PhDs, Zircuit's unique architecture combines performance and security features.

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