Zircuit, a security-focused zero-knowledge rollup with roots in pioneering L2 research, has introduced Zircuit Staking, an innovative initiative enabling users to stake ETH, liquid staking tokens (LSTs), and liquid restaking tokens (LRTs) to earn Zircuit Points.
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Since its launch, Zircuit Staking has swiftly amassed over $129 million on the Ethereum mainnet, with continuous growth anticipated.
The Zircuit community has rapidly expanded, boasting an impressive following of over 112K Twitter followers and 125K Discord members in just four months. This burgeoning community support has translated into early success for Zircuit’s staking program, positioning it to surpass industry benchmarks in both community engagement and Total Value Locked (TVL). For instance, compared to Starkware’s growth since 2018, Zircuit has achieved remarkable traction in a shorter timeframe.
Capitalizing on the momentum of EigenLayer, Zircuit taps into the growing interest surrounding restaking protocols. Within less than 24 hours of launch, the program has already attracted over $129 million in TVL, indicative of strong interest and confidence in the project’s potential.
Through the staking program, users can earn Zircuit points in addition to existing staking yields. Opting to migrate assets to the Zircuit Mainnet upon its launch yields the highest rewards. Importantly, users retain flexibility, with the ability to withdraw assets at any time while retaining earned points and yields. Notably, Zircuit’s supported integrations currently include Lido Finance, Renzo Protocol, Swell Network, Kelp DAO, and Liquid Collective, with plans for further expansion in the coming weeks.
About Zircuit:
Zircuit is a fully EVM-compatible zero-knowledge rollup, incorporating cutting-edge L2 technology research. Founded by a team with multiple research grants from the Ethereum Foundation and supported by Pantera Capital and Dragonfly Capital, Zircuit leads the charge in secure chain innovation, boasting sequencer-level security.