Zircuit’s staking program has collected approximately $385 million in TVL in just two weeks since its start. The software outperformed previous scaling solutions in terms of TVL and community statistics, breaking records in the first 24 hours with over $129 million TVL accumulated.
Zircuit also expanded the range of protocols that it supports for Zircuit Staking by integrating EtherFi. Users can now bet their $weETH to gain Zircuit Points. EtherFi is the leading liquid restaking protocol with over $2.138 billion TVL, according to DefiLlama.
Lido Finance, Liquid Collective, Swell Network, Renzo Protocol, and Kelp DAO are some of the additional protocols included in the program. In the upcoming weeks, additional integrations are anticipated.
Points systems, which provide a fresh method of rewarding users that advance a protocol, are becoming more and more popular in the cryptocurrency space. With the cutting-edge Zircuit Staking service, users can earn Zircuit Points by depositing ETH, liquid restaking tokens (LRTs), and liquid staking tokens (LSTs).
Users can add Zircuit points to existing points or any staking yield through the staking program. The greatest rewards go to users who choose to move their assets to the Zircuit Mainnet upon its launch. Unlike Blast or Mantle, where ETH is hard-locked, users can withdraw at any moment and keep the points and yield they have earned.
Zircuit has emerged as a formidable contender in the L2 scaling competition, boasting more than 135K Twitter followers and 149K Discord users.
In just a few months, Zircuit has achieved numbers that other layer 2 solutions have taken far longer to reach. Starknet, which debuted in 2018, needed more than six years to catch up to Zircuit’s stats. DefiLlama reports that as of this writing, Starknet had 184K Discord users, 328K Twitter followers, and $174M TVL.
Zircuit is a modular zero-knowledge rollup that addresses fundamental security concerns at the sequencer level with AI-enabled security. To stop them from being included in the following block, it continuously scans the mempool for malicious transactions, blacklisted addresses, and exploit contracts.
Zircuit maintains data permanence and censorship resistance while ensuring higher efficiency, lower costs, and speedier transactions.
Also Read: Decentralized Lending TVL Tops $30B in Crypto Rebound
