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Zircuit's Staking Program Surpasses $500M in TVL, Poised to Surpass Major Blockchains on Mainnet Launch

Zircuit's Staking Program Surpasses $500M in TVL, Poised to Surpass Major Blockchains on Mainnet Launch

Cointime2024/03/08 00:19
By: Cointime
APT-0.15%AIOLD0.00%

ChainwireZircuit, a zk rollup with AI-enabled security at the sequencer level, has announced that its staking program has exceeded $500M in TVL during the testnet phase. The platform is expected to surpass major blockchains such as Linea, Manta, Mantle, Near, Scroll, Aptos, and zkSync on its mainnet launch. Zircuit will integrate Ethena next week, adding to its list of supported protocols for staking. The staking program allows users to deposit ETH, LSTs, and LRTs to earn Zircuit Points, which can be withdrawn at any time. Zircuit offers sequencer-level security, greater efficiency, and faster transactions, and is backed by Pantera Capital, Dragonfly Capital, and Maelstrom.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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