Zircuit is a zero-knowledge rollup designed to address the security challenges faced by rollups. Unlike traditional approaches that focus on securing applications and smart contracts, Zircuit prioritizes security at the sequencer level. This method employs AI-driven mechanisms to monitor the mempool, enhancing security without compromising censorship resistance or data performance.
Binance Labs, Binance’s investment arm, has recently provided funding to Zircuit. The amount remains undisclosed, but the funds will support the protocol’s growth ahead of its mainnet launch. Other prominent backers include Pantera Capital, Dragonfly Capital, and Maelstrom.
Zircuit Token (ZRC) Launch and Airdrop Details
The Zircuit token (ZRC) was officially launched on November 25, 2024. The Zircuit token generation event (TGE) unlocked an airdrop, allowing users to claim their allocations through Zircuit’s official airdrop page. The total supply of ZRC tokens is 10 billion.
The airdrop was conducted in multiple seasons. Season 1, based on L1 staking, had a snapshot taken on July 7, with 7% of the total supply allocated. Season 2, focusing on L2 staking, took a snapshot on Nov.20, allocating 3% of the supply. Currently, Season 3 is active, aiming to incentivize liquidity and transactions on Zircuit’s mainnet.
How to Participate in Zircuit Airdrop Season 3
To participate in Season 3 of the Zircuit Airdrop, follow these steps:
Connect Your Wallet: To join Season 3, users must connect their wallets to the Zircuit Liquidity Hub by visiting the platform and selecting the connect wallet option. A referral code is no longer required for participation. Bridge Assets to Zircuit: After connecting the wallet, users need to bridge assets from Ethereum to Zircuit to enable L2 staking. This can be done through the “Bridge” section in the menu by selecting the token and the amount. ETH must also be bridged to cover transaction and gas fees. Alternatively, Rhino.fi can be used to bridge assets from other networks.Bridge Assets to Zircuit
Deposit in L2 Staking: Once assets are bridged, go to the “L2 Staking” section in the Liquidity Hub. A list of assets eligible for staking, such as pzETH, ezETH, and rsETH, will be displayed. Select the asset you want to stake, input the amount, and click “Approve” to enable staking. Confirm the transaction in your wallet.If you received ZRC tokens from previous airdrops, you can stake them to receive a 3x booster on your Zircuit points. Provide Liquidity (Optional): For users looking to earn additional rewards, liquidity provision is available. Go to the “DEX” section to see available token pairs, such as WETH-ZRC on DODO. Choose the pair you want to provide liquidity for, select the amount, and approve the transaction. Confirm the liquidity provision in your wallet.This step is optional but can significantly enhance your points and rewards. Providing liquidity may require additional bridging of assets. Lend Tokens: Another way to maximize your Zircuit points is through lending. Go to the “Lending” section, where you will see options for lending ZRC, WETH, WBTC, USDC, and USDT. Lending ZRC tokens grants a 3x boost on points, while lending other assets provides a 2x boost. Select the token, input the desired amount, and approve the transaction in your wallet.Gas-Free Migration for Early Participants
Participants from Season 1 and Season 2 of Zircuit airdrop can migrate to L2 staking without paying gas fees. This feature is accessible through the L2 Staking page and applies to users who have staked tokens in previous airdrop seasons.
