Zircuit, an EVM-compatible ZK Rollup with AI-enabled sequencer-level safety features, today announced that Mainnet Phase 1 is now live. Mainnet Phase 1 also includes the launch of the Zircuit Mainnet Festival, an unprecedented program that rewards ZRC tokens and shares jackpots based on the gas consumed by users on the Zircuit network.
Zircuit’s staking program has achieved many successes, with a total staking amount of more than $2.5 billion. In order to reward users who participated in the staking program, Zircuit has also opened up the first season of airdrops. Users who participated in the first season of the points activity can now claim their tokens.
In the first phase of the mainnet, users will be able to bridge funds to Zircuits mainnet and interact with projects in the Zircuit ecosystem, including Ambient Finance, DODO, Circuit, Zerolend, Ethena, Lynx, InstaDapp, LogX, Shoebill, etc. Developers are also welcome to deploy applications on the Zircuit mainnet and join a thriving ecosystem of more than 60 projects.
As part of the launch process, Zircuit is hosting the Zircuit Mainnet Festival, where users are rewarded with ZRC tokens every time they pay gas fees on the Zircuit Mainnet. In addition, participating users will have the opportunity to win prizes, as well as a super grand prize of 100,000 ZRC. This Zircuit Mainnet Festival encourages users to interact with the network and experience the advantages of Zircuit while earning ZRC tokens and prizes.
The first phase of the mainnet will have caps on the amount that each wallet can bridge, and these caps will increase over time. In the initial phase, users will only be able to bridge ETH, and other assets will be added gradually. This allows Zircuit to launch in the most secure way possible and provide a wider distribution of Zircuit rewards to smaller wallets.
During this phase, Zircuit has opened a ZRC token claim portal to reward early contributors and network participants. Those who earn Zircuit Points during the first season of Zircuit staking will be eligible to claim tokens. While tokens are claimable during this period, they will not be transferable until a later stage. In preparation for the asset migration in Phase 2, staked assets will be transferred from the Ethereum mainnet to the Zircuit mainnet, and Zircuit will begin collecting wallet addresses of users interested in migrating their staked assets after the network is fully launched.
“The launch of Mainnet Phase 1 is a major milestone for us. Developers and users can now experience the full benefits of Zircuit and our groundbreaking technology - sequencer-level security. In addition, the Mainnet Festival is a first-of-its-kind mechanism that directly rewards early active users. We see Zircuit as the foundation for the next wave of Web3 innovation and look forward to seeing the decentralized applications built on Zircuit,” said Martin Derka, co-founder of Zircuit.
Zircuit protects users from hacker attacks through built-in automated AI technologies that protect against smart contract vulnerabilities and threats from malicious actors. Backed by a strong security infrastructure, Zircuit becomes the core hub for re-pledged assets, providing unparalleled security and allowing users to earn industry-leading yields in a native way. Zircuit is the premier liquidity center for re-pledged assets (ETH, BTC, LSTs, and LRTs), where users enjoy enhanced security and trust.
During the first phase of the mainnet, users can explore the Zircuit ecosystem at zircuit.com/#ecosystem and explorer.zircuit.com , and bridge ETH to the Zircuit mainnet at bridge.zircuit.com .
Finally, Zircuit’s mainnet phase 2 is scheduled to launch in August.
About Zircuit
Zircuit is a solution that uses ZK Rollup technology with AI-driven sequencer-level security and parallelized circuits. Zircuit is built by a team of Web3 security veterans and PhDs in computer science, algorithms, and cryptography . Its unique architecture combines the advantages of performance and security.
